Barclays has expanded its range of sub-4% mortgages following its latest product refresh, bringing six additional products below 4% including options for existing customers.
The changes apply across residential purchase, remortgage and reward ranges, with the largest single rate cut at 33bps.
Among the headline reductions, the 2-year fixed remortgage at 75% loan-to-value (LTV) with a £999 product fee will fall from 4.52% to 4.19%.
For purchase customers, the 2-year Premier Fixed at 60% LTV will drop from 3.98% to 3.91%, and the standard 2-year Fixed at 60% LTV will decrease from 3.99% to 3.92%.
At 75% LTV, the 2-year Premier Fixed will reduce from 4.12% to 3.98%, and the standard 2-year Fixed from 4.13% to 3.99%.
In addition, Barclays’ green mortgage range has seen adjustments, with the Green Home 5-year Fixed at 60% LTV with an £899 fee moving from 3.89% to 3.83%.
In the remortgage range, 2-year and 5-year fixed products at 60% and 75% LTV have been reduced by up to 33bps, while Barclays’ Great Escape range, offering £0 product fee remortgages, has also seen cuts.
Existing Customer Reward products have also been reduced, including the EMC Reward 2-year Fixed at 60% LTV with a £999 product fee falling from 4.06% to 3.95%, and the 5-year Fixed at 60% LTV from 3.98% to 3.95%.
