Barclays has lifted its daily restrictions on mortgage volumes introduced amid the government lockdown and says it will now review standard residential and buy-to-let applications within two days of submission.

In an update to brokers today the lender says it is reintroducing some new purchase and remortgage deals at 75 per cent and 80 per cent loan-to-value.

Among the new deals available tomorrow it is offering a two-year fixed at 1.52 per cent with a £999 fee up to 80 per cent LTV and a five-year fixed at 1.8 per cent with the same fee and maximum LTV, both of which are available for purchase or remortgage.

In its Great Escape range it is launching a two-year fixed at 2.16 per cent with no fee up to 80 per cent LTV.

It says there will also be changes to some products in its Reward range and to its further borrowing and product transfer deals.