Barclays to reduce selected remortgage rates

Barclays has confirmed that it will reduce rates on a number of products within its remortgage range from tomorrow, Tuesday 9th December, alongside cuts across its Existing Customer Reward range.

Within the remortgage range, the 2-year fixed rate at 60% loan-to-value (LTV) with a £999 fee will fall from 3.81% to 3.71%.

The Great Escape 2-year fixed at 75% LTV with no fee will reduce from 4.17% to 4.12%.

The bank’s 5-year fixed rate at 75% LTV with a £999 fee will decrease from 3.93% to 3.88%.

For existing customers, the EMC Reward 2-year fixed rate at 60% LTV with no fee will fall from 4.07% to 4.03%, while the 2-year fixed at 75% LTV with a £999 fee will drop from 3.92% to 3.81%.

The 5-year fixed at 75% LTV with no fee will decrease from 4.10% to 4.04%.

Barclays confirmed that full product details will be updated on its Intermediaries website when the changes go live.

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