Effective from tomorrow (11th October 2024), Barclays will reduce rates on a selection of products by as much as 0.50% across its residential purchase and remortgage range.
For purchase only, Barclays has reduced its 2-year 85% LTV product – with an £899 fee and max loan of £2m – from 4.46% to 4.40%, as well as its Premier 2-year fixed 75% LTV product from 4.44% to 4.09%.
The lender also reduced various 5-year residential purchase only products, including its 85% LTV deal, reduced from 4.05% to 3.96%, and 2-year and 5-year Green Home products.
Various products for purchase and remortgage have also seen rate drops, including a 2-year fix with £1,999 fee, which dropped from 4.65% to 4.34%.
Barclays also reduced rates across its existing customer reward range for residential mortgages, including a 2-year fix with £999 fee, from 4.16% to 3.96%.
