Barclays is cutting rates on a wide range of products by up to 50 basis points tomorrow.

The lender is making reductions on a number of residential and buy-to-let products, including those for borrowers with small deposits.

The biggest cut is to its fee-free two-year fixed rate for purchase at 90% LTV, which is dropping from 3.72% to 3.22% – a cut of 0.5 percentage points.

For residential purchase the following rates are being cut:

• 1.68% five-year fixed £0 fee, 60% LTV, loans £5k – £5m will decrease to 1.52%
• 3.48% five-year fixed £999 fee, 90% LTV, loans £5k – £570k will decrease to 3.3%
• 3.99% Mortgage Guarantee Scheme two-year fixed £0 fee, 95% LTV, loans £25k – £570k will decrease to 3.96%
• 4.09% Mortgage Guarantee Scheme five-year fixed £0 fee, 95% LTV, loans £25k – £570k will decrease to 3.97%
• 3.62% Green Home two-year fixed £0 product fee, 90% LTV, loan £5k – £570k will decrease to 3.12%

• For either purchase or remortgage, the 1.38% two-year fixed £999 fee, 75% LTV, loans £5k – £2m will decrease to 1.30%

For buy-to-let purchase the following new deals are launching:

•  2.05% two-year fixed £1295 fee, 75% LTV, loans 35k –  £1m
•  2.15% five-year fixed £1295 fee, 75% LTV, loans £35k – £1m

For buy-to-let remortgage the following deals are being added:

• 2.05% two-year fixed £1795 fee, 75% LTV, loans £35k –  £1m
• 2.15% five-year fixed £1795 fee, 75% LTV, loans £35k – £1m