The premier two-year fixed product at 60% LTV with a product fee of £899 has been lowered from 3.85% to 3.72%.

The bank has also cut its two-year fixed at 60% LTV with a fee of £899 from 3.86% to 3.73%.

Both have a minimum loan of £5k and a maximum loan of £2 million.

The two-year fixed at 60% LTV fee free product has been cut from 4.06% to 3.93%.This also has a minimum loan of £5k and maximum loan of £2 million.

In addition, the green home two-year fixed at 60% LTV with no fee has been reduced from 3.96% to 3.83%.

It also has trimmed the price of the green home five-year fixed at 60% LTV with a fee of £899 from 3.91% to 3.88%.

The latest cuts come after NatWest lowered its prices on new business, existing customers and additional borrowing ranges earlier this week.

Commenting on these rates, Trinity Financial product and communication manager Aaron Strutt says: “Barclays undercut the latest NatWest best buys and offer the cheapest two year fix at 3.72% (apart from Lloyds current account mortgage 3.67%).”

“You will need to have a Barclays premier account to get the rate but borrowers can open one when making an application. They would need to earn £75,000 to qualify or have £100,000 saved with Barclays.”

“It only takes one or two of the big lenders to lower their prices for other large and smaller mortgage providers to follow. If the base rate comes down next week or in December we may well have noticeably better rates to start the year with.”

Elsewhere, Accord Mortgages has lowered rates on both its residential and buy-to-let (BTL) product ranges.

The new range for residential borrowers offers reductions of up to 0.23% on products up to 75% and 80% loan-to-value (LTV); with products reduced by 0.20% up to 85% and 90% LTV.

For those with the lowest deposit, products up to 95% LTV have also gone down by up to 0.13%.

Reductions also include the new first-time buyer exclusive product range, as well as the lender’s innovative 5K Deposit Mortgage and has been lowered by 0.12% to 5.34%.

For its BTL range, the lender’s reductions include decreases of up to 0.20% up to 80% LTV.

Products up to 65% have also dropped by up to 0.20%, while those up to 75% LTV will be up to 0.22% lower.

Highlights of the residential range include: • A five-year fixed rate at 4.09% (was 4.32%) for house purchasers up to 75% LTV which comes with a £495 fee • A two-year fix at 4.41% (was 4.51%) exclusive for first time buyers, up to 90% LTV which comes with a £495 fee and £500 cashback • A fee-free two-year fixed rate at 4.33% (was 4.51%) for those remortgaging up to 80% LTV, which comes with remortgage legal service.

Highlights of the BTL range: • A five-year fix up to 80% LTV, available for house purchase, at 4.88% (was 5.06%), with a £995 fee and free standard valuation • A two-year fixed rate to 75% LTV, available for those remortgaging, at 4.18% (was 4.35%), with a £995 fee, free standard valuation and remortgage legal service • And a two-year fix to 60% LTV, available for house purchase, at 3.90% (was 4.00%), with a £1,995 fee and free standard valuation.

Meanwhile, Together has made a series of rate reductions across its core product range.

The changes apply to BTL, commercial term, first and second charge mortgage, and consumer BTL products, with reductions of up to 20 basis points on selected fixed-rate offerings.

The lender’s first charge two-year fixed has been reduced from 8.15% to 8.05%, while its five-year fixed option now stands at 7.39%, down from 7.59%.

Second charge rates have also lowered, with its two-year fixed rate dropping to 8.54% and the five-year fixed to 7.90%.

Consumer BTL customers will benefit from a reduction to 7.30% on the two-year fixed product and 7.20% on the five-year fixed.

Commercial and semi-commercial term rates have also lowered by 20bps across the board; with five-year fixed commercial term rates now starting at 8.24%.