Barclays has reduced the rates on its purchase and remortgage products by up to 0.19 per cent.
The changes will be effective from 2 February and apply to mortgages at 60, 75 and 85 per cent loan to value (LTV).
Its two-year fixed, fee-free mortgage at 60 per cent LTV has been reduced from 1.77 per cent to 1.58 per cent and the £999 fee alternative has been cut to 1.22 per cent from 1.28 per cent.
The five-year fixed mortgage with a £999 fee at 75 per cent LTV has gone down from 1.78 per cent to 1.67 per cent.
Across its remortgages, the two-year fixed mortgage at 60 per cent LTV with a £999 now has a rate of 1.22 per cent reduced from 1.28 per cent.
The 85 per cent LTV remortgage equivalent has been cut from 2.81 per cent to 2.67 per cent.
The two-year fixed Great Escape mortgage at 85 per cent LTV for borrowers switching to Barclays, now has a rate of 2.95 per cent down from 3.09 per cent.
This mortgage has no fee, free valuation and legals and £250 cashback.
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS
