Barclays is making further reductions across its residential mortgage range, cutting selected 5-year fixed rates by up to 0.30%.
The repricing, effective from Tuesday 18th November, applies across multiple loan-to-value bands and fee structures, including 90% LTV products.
Headline changes include its 60% LTV 5-year fixed with a £899 product fee, where the rate will fall from 3.98% to 3.82%, and the fee-free 60% LTV 5-year fixed, which will decrease from 4.09% to 3.92%.
At higher LTVs, the 85% LTV 5-year fixed with a £899 fee will reduce from 4.12% to 4.03%. At 90% LTV, the 5-year fixed with a £899 fee will move from 4.44% to 4.27%, while the 5-year fixed with no product fee will fall from 4.65% to 4.35%.
Across its wider residential purchase-only range, Barclays is also reducing a series of existing products. Premier 5-year fixed rates at 60% LTV will fall from 3.97% to 3.81%.
Its core 60% LTV 5-year fixed products will move from 3.98% to 3.82% with a £899 fee and from 4.09% to 3.92% with no fee.
At 75% LTV, 5-year fixed rates will reduce from 4.05% to 3.90% with a £899 fee and from 4.21% to 4.00% fee-free.
The 80% LTV 5-year fixed rate will fall from 4.28% to 4.08%, while at 85% LTV the 5-year fixed with a £899 fee will fall from 4.12% to 4.03% and the fee-free option from 4.33% to 4.12%.
At 90% LTV, Premier 5-year fixed rates will reduce from 4.39% to 4.22%, the standard 5-year fixed with a £899 fee from 4.44% to 4.27%, and the fee-free 5-year fixed from 4.65% to 4.35%. The 95% LTV 5-year fixed with no product fee will fall from 4.79% to 4.71%.
Barclays is also cutting rates across its Green Home 5-year fixed range. The 60% LTV Green Home 5-year fixed with a £899 product fee will reduce from 3.88% to 3.72%, the 75% LTV version from 3.95% to 3.80%, and the 85% LTV product from 4.02% to 3.93%. At 90% LTV, the Green Home 5-year fixed with a £899 fee will fall from 4.34% to 4.17%.
