Barclays will be reducing rates on a selection of residential products, effective from tomorrow, Wednesday 21st August.
The lender’s EMC Reward 2-year fixed rate with £999 fee up to 85% loan-to-value (LTV) will decrease from 5.22% to 5.07%.
In addition, its EMC Reward 2-year fixed rate with zero fee up to 85% LTV will decrease from 5.43% to 5.28%, while its EMC Reward 5-year fixed rate with £999 fee up to 85% LTV will decrease from 4.94% to 4.79%.
In addition, Barclay’s EMC Reward 5-year fixed rate with zero fee up to 85% LTV will decrease from 5.03% to 4.88%.
The lender will also be making a number of product withdrawals as part of these changes.
It will be withdrawing its 2-year fixed rate with £899 fee up to 85% LTV at 4.73%, its 5-year fixed rate with zero fee up to 75% LTV at 4.14%, and its 5-year fixed rate with £899 fee up to 85% LTV at 4.37%.
