Barclays is cutting mortgage rates on a number of purchase, remortgage and existing customer deals by up to 21 basis points tomorrow.
In the lender’s purchase range, a number of deals at 85% loan-to-value are being reduced.
Within this LTV tier, a two-year fixed with an £899 fee will go down by 17bps from 4.19% to 4.02% and its free-free alternative will fall by the same margin from 4.43% to 4.26%.
A five-year deal at the same LTV with an £899 fee will be cut by 10bps from 4.22% to 4.12%.
In Barclays‘ remortgage range, a Great Escape two-year fixed at 75% LTV with no product fee will drop by 21bps from 4.38% to 4.17%.
Also for remortgage at 75% LTV, a five-year fixed with a £999 fee will fall by 19bps from 4.12% to 3.93%.
A two-year fixed remortgage deal at 60% LTV with a £999 fee will reduce by 11bps from 3.92% to 3.81%.
In the lender’s Reward range for existing customers, a two-year fixed at 60% LTV with no product fee will fall by 18bps from 4.25% to 4.07%.
In the same range two-year fixed at 75% LTV with a £999 fee will drop by 14bps from 4.06% to 3.92%.
Also in the Reward range, a five-year fixed at 75% LTV with no product fee will be cut by 17bps from 4.27% to 4.10%.
