Barclays cuts purchase and remortgage rates by up to 0.36%

Barclays has announced rate cuts of up to 0.36% across more than 20 products.

Available from tomorrow, two-year fixed rates have decreased by 35-36bps and now start from 4.60% with an £899 fee and 4.79% fee-free.

At 75% LTV, a two-year fixed rate Premier product is down to 4.73%, with the standard rate decreasing to 4.74% and the fee-free product at 4.93%.

At 80% LTV, two-year fixes are reducing to 4.75% with an £899 fee and 4.98% fee-free.

Five-year fixed rates have reduced by up to 24bps, now starting from 4.76% at 60% LTV, 4.82% at 75% LTV, and 4.96% at 80% LTV.

Green Home rates have also reduced by up to 0.36%, with two-year fixed rates starting from 4.69% and five-year rates from 4.66%.

In Barclays' remortgage-only range, two-year fixed rates have reduced by up to 23bps, starting from 4.83% at 60% LTV, 4.90% at 75% LTV, and 5.11% at 80% LTV, all with a £999 fee.

The bank's Great Escape two-year fixes have also seen reductions of up to 0.25%.