Barclays is reducing rates on a number of residential deals by up to 32 basis points tomorrow.
The lender is also launching five new buy-to-let deals and withdrawing several products.
The following purchase-only deals are also being reduced:
- 1.94% premier two-year fixed £699 product fee, 85% LTV, min loan £5k, max loan £2m will decrease to 1.78%
- 2.27% two-year fixed £0 product fee, 85% LTV, min loan £5k, max loan £2m will decrease to 2.05%
- 2.35% two-year fixed £999 product fee, 90% LTV, min loan £5k, max loan £570k will decrease to 2.25%
- 2.59% two-year fixed £0 product fee, 90% LTV, min loan £5k, max loan £570k will decrease to 2.45%
- 2.83% £500 cashback two-year fixed £0 product fee, 90% LTV, min loan £5k, max loan £570k will decrease to 2.65%
- 1.29% five-year fixed £0 product fee, 60% LTV, min loan £5k, max loan £2m will decrease to 1.23%
- 1.97% green home two-year fixed £0 product fee, 80% LTV , min loan £5k, max loan £2m will decrease to 1.84%
- 2.49% green home two-year fixed £0 product fee, 90% LTV , min loan £5k, max loan £570k will decrease to 2.35%
The following purchase or remortgage deals are being reduced:
- 1.69% two-year tracker £999 product fee, 60% LTV, min loan £5k, max loan £2m will decrease to 1.38%
- 1.85% two-year tracker £0 product fee, 60% LTV, min loan £5k, max loan £2m will decrease to 1.79%
- 1.72% two-year tracker £999 product fee, 75% LTV, min loan £5k, max loan £2m will decrease to 1.68%
- 2.19% premier two-year tracker £999 product fee, 80% LTV, min loan £5k, max loan £2m will decrease to 1.87%
- 2.29% two-year tracker £999 product fee, 80% LTV, min loan £5k, max loan £2m will decrease to 1.97%
- 1.65% two-year fixed £999 product fee, 80% LTV, min loan £5k, max loan £2m will decrease to 1.62%
- 1.94% two-year fixed £999 product fee, 85% LTV, min loan £5k, max loan £2m will decrease to 1.78%
- 1.17% five-year fixed £999 product fee, 60% LTV, min loan £5k, max loan £2m will decrease to 1.14%
A large number of buy-to-let deals are also being reduced.
Barclays is launching the following products for landlords:
- Purchase-only 1.45% two-year fixed £1295 product fee, 60% LTV, min loan £35k, max loan £1m
- Purchase and remortgage 2.00% Premier three-year fixed £0 product fee, 75% LTV, min loan £35k, max loan £1m
- 2.75% 10-year fixed £1795 product fee, 75% LTV, min loan £35k, max loan £1m
- 2.25% two-year tracker £0 product fee, 75% LTV, min loan £35k, max loan £1m
- 2.50% portfolio five-year fixed £2495 product fee, 75% LTV, min loan £35k, max loan £1m