Barclays is increasing rates on a number of deals tomorrow as well as launching new products.

The lender will be raising rates on a number of residential deals by up to 17 basis points.

The following residential purchase and remortgage rates are rising:

• 1.43 per cent two-year fix, £999 fee, 80 per cent LTV, loans £5k – £2m, increasing to 1.6 per cent.
• 1.73 per cent five-year fix, £999 fee, 80 per cent LTV, loans £5k – £2m increasing to 1.85 per cent.

For purchase only:

• 2.33 per cent five-year fix, £0 fee, 85 per cent LTV, loans £5k – £2m increasing to 2.49 per cent.

The lender is introducing the following new deals:

• For purchase only, 1.34 per cent two-year fix, £999 fee, 60 per cent LTV, loans £5k – £10m.
• For remortgage only, 1.34 per cent two-year fix, £999 fee, 60 per cent LTV, loans £5k – £5m.