Barclays is cutting rates across multiple residential products on Friday, by as much as 33 basis points.

The cuts include a five-year fix for purchase at 75% LTV which is down from 4.57% to 4.24% with no fee.

Barclays is also cutting the rate on a two-year fixed for remortgage at 60% LTV which is down from 5.01% to 4.7% with a £999 fee, among many other reductions.

Perenna has cut rates on its residential purchase and retirement interest only deals by up to 59 basis points.

Its 40-year fixed rate product at 95% LTV has been reduced by 34 basis points to 6.61% with a £1,999 fee and an early repayment charge in place for the first five years only.

The lender’s RIO remortgage deals now start at 5.88% for a 60% LTV loan with a £1,999 fee.

Meanwhile, Hodge is reducing rates across a selection of its 50+ and RIO mortgages.

Among the biggest price cuts is to its five-year fixed RIO Mortgage at 75% LTV, which is down from 6.25% to 5.99% with a £995 fee.  

Buy to Let by Foundation has cut rates by 15 basis points on its F1 range for borrowers with an almost-clean credit history and its F2 range for clients with blips on their credit file or those buying non-standard properties.

Rates on these deals now start from 6.49% with a 1.5% fee.

The lender has also cut rates by up to 10 bps on its pound-for-pound F1 and F2 remortgage products, which now start from 6.64% with a 1.5% fee.

Bridging lender Spring Finance has reduced rates on its residential, semi-commercial and commercial bridging loans. 

First charge residential bridging finance is now available from 0.89% per month and second charge residential lending, commercial and semi-commercial from 1.04%.