For new borrowers, its two-year fix at 60 per cent loan to value (LTV) with a £899 fee has been reduced from 5.1 per cent to 4.8 per cent, while the option with a £999 fee has been cut from 5.28 per cent to 4.98 per cent.
The fee-free option at the same level has gone down from 5.45 per cent to 5.2 per cent.
Barclays has also reduced two-year fixed rates at 75 per cent LTV, including the deal with a £899 fee which is now 4.95 per cent, down from 5.2 per cent. Meanwhile, the option with a £999 fee has been cut from 5.39 per cent to 5.12 per cent.
A two-year fix at 85 per cent LTV with a £999 fee has been reduced from 5.97 per cent to 5.67 per cent.
Across its existing deals, Barclays has reduced the premier two-year fix for residential purchase at 60 per cent LTV with a £899 product fee from 5.07 per cent to 4.78 per cent. The standard offering has been cut from 5.1 per cent to 4.8 per cent, and this has a £899 fee.
Reductions have also been made to the lender’s remortgage and existing borrower reward ranges.
This includes a five-year fix remortgage at 60 per cent LTV with a £999 fee, which has been reduced from 5.28 per cent to 4.98 per cent as well as the equivalent five-year fix which has gone from 5.27 per cent to 4.97 per cent.
Changes apply from 17 November.
