The remortgage deals, available from tomorrow, will include a two-year tracker at plus 0.79% at 60% loan-to-value (LTV). A two-year fixed rate of 1.79% at 70% LTV and a five-year fix of 2.79% at 70% LTV are also available.
All three of the remortgage products come with a £999 application fee.
The two rate cuts which are part of the bank’s great escape range are a two-year fixed rate at 2.25% at 70% LTV and a five-year fixed rate at 2.99% at 70% LTV.
As well as its residential range Barclays has introduced cuts on two of its buy-to-let products. These are a five-year fix at 3.99% at 75% LTV and a five-year fix at 4.49% at 75% LTV.
The launch of Barclays’ remortgage products comes a day after it was reported that remortgage activity were down 21% in October. The report, published by LMS, revealed it to be the lowest number of remortgage transactions ever recorded in an October month.
