Barclays has increased rates on selected purchase and remortgage products, effective from tomorrow (30 May).

Rate changes to products in its purchase only range include the mortgage guarantee two-year fixed 95% loan-to-value LTV) with no product fee, which has gone up 0.15% to 5.05%.

The five-year equivalent product has been increased from 4.84% to 4.99%.

Both of these have a minimum loan of £25,000 and a maximum loan of £570,000.

The premier two-year fixed at 75% LTV with a product fee has risen by 0.10% to 4.04% while the five-year equivalent has gone up from 3.88% to 3.98%.

These have a minimum loan of £5,000 and a maximum loan of £2m.

Within the lender’s remortgage range, the premier two-year fixed at 60% LTV with a product fee of £999 have increased by 0.10% to 3.97%.

In addition, it has pushed the rate up by 0.10% on the two-year fixed at 60% LTV with a product fee of £999 to 3.98%.

The two-year fixed at 75% LTV with a product fee of £999 has also been increased by 0.10% to 4.29% while the two-year fixed at 85% LTV with a product fee of £999 has gone up from 5.09% to 5.19%.

Elsewhere, the two-year tracker available for purchase and remortgage at 85% LTV has been lowered from 5.01% to 4.98%. This comes with a product fee of £999 and has a minimum loan of £5,000 and a maximum loan of £2m.

Earlier in the month, Barclays eased its affordability stress testing, allowing customers to borrow £30,000 extra to buy a home.