Mortgage boost as Barclays cuts rates across a range of accounts

The Barclays reductions apply across a range of products for homebuyers, remortgage customers and existing borrowers selecting a new deal.

Rates vary depending on the loan-to-value ratio, fixed term length and product fee.

Among the most significant reductions is a five-year fixed remortgage deal at 85 per cent loan-to-value, which drops from 5.74 per cent to 5.34 per cent. That product comes with a £999 fee.

For homebuyers, the fee-free five-year fix at 90 per cent loan-to-value drops from 5.63 per cent to 5.28 per cent. The maximum loan is £640,000.

Green Home purchase deals are also being reduced. The five-year fix at 60 per cent loan-to-value falls from 4.89 per cent to 4.82 per cent, with an £899 fee.

However, not every rate is falling. The Premier two-year tracker for purchases at 60 per cent loan-to-value rises from 4.24 per cent to 4.37 per cent, with a £999 fee.

Two new remortgage products are being introduced: a two-year fix at 5.20 per cent for borrowing up to 75 per cent of the property’s value, and a 5.39 per cent deal at 90 per cent. Both carry a £999 fee.

Full list of changes:

Residential rate cuts: Purchase only

• Two-year fixed at 85 per cent LTV: rate falls from 5.48 per cent to 5.29 per cent. £899 product fee; loans from £5,000 to £2million.
• Premier two-year fixed at 85 per cent LTV: rate falls from 5.56 per cent to 5.35 per cent. No product fee; loans from £5,000 to £2million.
• Two-year fixed at 85 per cent LTV: rate falls from 5.61 per cent to 5.40 per cent. No product fee; loans from £5,000 to £2million.
• Two-year fixed at 90 per cent LTV: rate falls from 5.49 per cent to 5.30 per cent. £899 product fee; loans from £5,000 to £640,000.
• Two-year fixed at 90 per cent LTV: rate falls from 5.62 per cent to 5.42 per cent. No product fee; loans from £5,000 to £640,000.
• Two-year fixed at 95 per cent LTV: rate falls from 5.71 per cent to 5.66 per cent. No product fee; loans from £5,000 to £640,000.
• Five-year fixed at 60 per cent LTV: rate falls from 4.99 per cent to 4.92 per cent. £899 product fee; loans from £5,000 to £2million.
• Five-year fixed at 60 per cent LTV: rate falls from 5.14 per cent to 5.02 per cent. No product fee; loans from £5,000 to £2million.
• Five-year fixed at 75 per cent LTV: rate falls from 5.30 per cent to 4.98 per cent. £899 product fee; loans from £5,000 to £2million.
• Five-year fixed at 75 per cent LTV: rate falls from 5.45 per cent to 5.11 per cent. No product fee; loans from £5,000 to £2million.
• Premier five-year fixed at 80 per cent LTV: rate falls from 5.45 per cent to 5.23 per cent. No product fee; loans from £5,000 to £2million.
• Five-year fixed at 80 per cent LTV: rate falls from 5.48 per cent to 5.26 per cent. No product fee; loans from £5,000 to £2million.
• Five-year fixed at 85 per cent LTV: rate falls from 5.55 per cent to 5.27 per cent. No product fee; loans from £5,000 to £2million.
• Premier five-year fixed at 90 per cent LTV: rate falls from 5.13 per cent to 5.00 per cent. £899 product fee; loans from £5,000 to £640,000.
• Five-year fixed at 90 per cent LTV: rate falls from 5.33 per cent to 5.20 per cent. £899 product fee; loans from £5,000 to £640,000.
• Five-year fixed at 90 per cent LTV: rate falls from 5.63 per cent to 5.28 per cent. No product fee; loans from £5,000 to £640,000.
• Five-year fixed at 95 per cent LTV: rate falls from 5.69 per cent to 5.64 per cent. No product fee; loans from £5,000 to £640,000.
• Green Home two-year fixed at 85 per cent LTV: rate falls from 5.51 per cent to 5.30 per cent. No product fee; loans from £5,000 to £2million.
• Green Home two-year fixed at 90 per cent LTV: rate falls from 5.52 per cent to 5.32 per cent. No product fee; loans from £5,000 to £640,000.
• Green Home five-year fixed at 60 per cent LTV: rate falls from 4.89 per cent to 4.82 per cent. £899 product fee; loans from £5,000 to £2million.
• Green Home five-year fixed at 75 per cent LTV: rate falls from 5.20 per cent to 4.88 per cent. £899 product fee; loans from £5,000 to £2million.
• Green Home five-year fixed at 85 per cent LTV: rate falls from 5.45 per cent to 5.17 per cent. No product fee; loans from £5,000 to £2million.
• Green Home five-year fixed at 90 per cent LTV: rate falls from 5.53 per cent to 5.18 per cent. No product fee; loans from £5,000 to £640,000.

Residential rate cuts: Remortgage only

• Premier two-year fixed at 60 per cent LTV: rate falls from 5.02 per cent to 4.96 per cent. £999 product fee; loans from £5,000 to £2million.
• Two-year fixed at 60 per cent LTV: rate falls from 5.05 per cent to 4.99 per cent. £999 product fee; loans from £5,000 to £2million.
• Premier two-year fixed at 80 per cent LTV: rate falls from 5.32 per cent to 5.24 per cent. £999 product fee; loans from £5,000 to £2million.
• Two-year fixed at 80 per cent LTV: rate falls from 5.35 per cent to 5.27 per cent. £999 product fee; loans from £5,000 to £2million.
• The Great Escape™ two-year fixed at 60 per cent LTV: rate falls from 5.32 per cent to 5.21 per cent. No product fee; loans from £50,000 to £2million.
• The Great Escape™ two-year fixed at 80 per cent LTV: rate falls from 5.74 per cent to 5.68 per cent. No product fee; loans from £50,000 to £2million.
• Three-year fixed at 75 per cent LTV: rate falls from 5.23 per cent to 5.16 per cent. £999 product fee; loans from £5,000 to £2million.
• Premier five-year fixed at 60 per cent LTV: rate falls from 5.07 per cent to 5.00 per cent. £999 product fee; loans from £5,000 to £2million.
• Five-year fixed at 60 per cent LTV: rate falls from 5.10 per cent to 5.03 per cent. £999 product fee; loans from £5,000 to £2million.
• Five-year fixed at 75 per cent LTV: rate falls from 5.42 per cent to 5.14 per cent. £999 product fee; loans from £5,000 to £2million.
• Five-year fixed at 85 per cent LTV: rate falls from 5.74 per cent to 5.34 per cent. £999 product fee; loans from £5,000 to £2million.
• The Great Escape™ five-year fixed at 75 per cent LTV: rate falls from 5.56 per cent to 5.32 per cent. No product fee; loans from £50,000 to £2million.

Residential tracker rate cut: Purchase and remortgage

• Two-year tracker at 85 per cent LTV: rate falls from 4.74 per cent to 4.60 per cent. £999 product fee; loans from £5,000 to £2million.

Residential tracker rate increase: Purchase only

• Premier two-year tracker at 60 per cent LTV: rate rises from 4.24 per cent to 4.37 per cent. £999 product fee; loans from £5,000 to £2million.

New residential remortgage deals

• Two-year fixed at 75 per cent LTV: rate of 5.20 per cent. £999 product fee; loans from £5,000 to £2million.
• Two-year fixed at 90 per cent LTV: rate of 5.39 per cent. £999 product fee; loans from £5,000 to £640,000.

Existing customer reward range: Residential rate cuts

• EMC Reward two-year fixed at 60 per cent LTV: rate falls from 5.02 per cent to 4.96 per cent. £999 product fee; loans from £1,000 to £2million.
• EMC Reward two-year fixed at 60 per cent LTV: rate falls from 5.32 per cent to 5.21 per cent. No product fee; loans from £1,000 to £2million.
• EMC Reward two-year fixed at 75 per cent LTV: rate falls from 5.30 per cent to 5.20 per cent. £999 product fee; loans from £1,000 to £2million.
• EMC Reward two-year fixed at 85 per cent LTV: rate falls from 5.32 per cent to 5.20 per cent. £999 product fee; loans from £1,000 to £2million.
• EMC Reward two-year fixed at 85 per cent LTV: rate falls from 5.70 per cent to 5.68 per cent. No product fee; loans from £1,000 to £2million.
• EMC Reward two-year fixed at 90 per cent LTV: rate falls from 5.59 per cent to 5.39 per cent. £999 product fee; loans from £1,000 to £2million.
• EMC Reward five-year fixed at 60 per cent LTV: rate falls from 5.07 per cent to 5.00 per cent. £999 product fee; loans from £1,000 to £2million.
• EMC Reward five-year fixed at 75 per cent LTV: rate falls from 5.42 per cent to 5.14 per cent. £999 product fee; loans from £1,000 to £2million.
• EMC Reward five-year fixed at 75 per cent LTV: rate falls from 5.56 per cent to 5.32 per cent. No product fee; loans from £1,000 to £2million.
• EMC Reward five-year fixed at 85 per cent LTV: rate falls from 5.70 per cent to 5.34 per cent. £999 product fee; loans from £1,000 to £2million.
• EMC Reward two-year tracker at 90 per cent LTV: rate falls from 4.73 per cent to 4.60 per cent. £999 product fee; loans from £1,000 to £2million.