Effective from 19 August, the bank has reduced the two-year fix at 60% loan to value (LTV) purchase product with an £899 fee from 3.84% to 3.75%. The corresponding Premier mortgage, for larger loan borrowing, has been cut from 3.83% to 3.74%.
Meanwhile, the fee-free standard product has been lowered from 4.11% to 3.95%.
At 75% LTV, the two-year fix with an £899 fee has been reduced from 4.01% to 3.79%, while the Premier option has been cut from 4% to 3.79% and the fee-free product from 4.23% to 3.99%.
Barclays has also made reductions to three- and five-year fixes as well as its green mortgages.
Across its remortgage range, rates at 60-75% LTV have been lowered, as have the two- and five-year fixed purchase and remortgages with a £1,999 fee.
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Further, Barclays has reduced mortgage pricing across its existing customer reward range.
The bank has also introduced new products to its residential mortgage offering, including a purchase-only two-year fix with no fee at 80% LTV, with a rate of 4.05%, and a remortgage-only alternative priced at 4.46%.
These changes come a week after Barclays made reductions of up to 0.4% to its range.
This week, the bank announced it had improved its residential mortgage application process to enable completions in 15 minutes.
