Barclays will launch four new residential products and trim rates by up to eight basis points across a selection of purchase and remortgage fixed-rate ranges tomorrow.
The high street bank, in a note to brokers, says it will introduce:
- Two-year fixes at 90% loan to value at 5.29%, with a £899 product fee
- Five-year green home fixes at 60% LTV at 4.13%, with a £899 product fee
- Five-year green home fixes at 75% LTV at 4.26%, with a £899 product fee
- Two-year trackers at 60% LTV at 5.24%, with no fee
Among its rate reductions, five-year purchase fixes at 75% LTV fall by 6bps to 4.42%.
While two-year remortgage fixes at 75% LTV are down by 8bps to 4.72%.
The lender adds that end dates on all fixes — for new and existing customers — will extend to 30 June.
