Barclays increases residential rates by further 0.15%

From tomorrow, Barclays is increasing rates across 62 residential products, including purchase, remortgage and existing customer ranges, by 0.15%.

In the lender's residential purchase range, a two-year fix at 60% LTV is rising from 4.10% to 4.25% with an £899 fee. A five-year fix at 85% LTV will increase from 4.55% to 4.70% with no fee.

16 remortgage rates will also see increases of 0.15%, including a two-year fix at 60% LTV with a £999 fee, up from 4.16% to 4.31%.

In its existing customer reward range, a two-year fix at 60% LTV will rise from 3.97% to 4.12% with a £999 fee.

Barclays has also increased rates across seven products in its range for both purchase and remortgage. A two-year fix at 60% LTV will increase from 4.21% to 4.36% with a £1,999 fee.