Barclay is the latest of the giant UK lnders to introduce sub-4% mortgage loans – following hot on the heels of Natwest and HSBC.

Barclays has confirmed that its 4.03% Premier five-year fixed £899 product fee, 60% LTV, min loan £5k, max loan £2m, will decrease to 3.83%

Additionally, its 4.04% five year fixed £899 product fee, 60% LTV, Min loan £5k, Max loan £2m, will decrease to 3.84%

Commenting on the latest offers from Barclays Trinity Financial product and communications director Aaron Strutt  said:“It is hard to argue that a 3.84% five-year fix does not offer good value for money, even with some of the ultra-cheap rates we have had in recent times.

Just 24 hours earlier there were only two major UK lenders offering two sub-4% deals on the market Natwest and Nationwide – now Barclays and HSBC have pitched in with rival deals.

HSBC undercut NatWest and Nationwide to launch (what was earlier today) the lowest rate on the market at 3.92% available through brokers and direct.

Now Barclays has undercut all three of these lenders with a 3.83% rate.