Barclays launches new sub-4% mortgage in latest round of rate cuts
Rates have reduced by up to 0.25%.
Barclays has announced new rate reductions across its residential mortgage range for new and existing customers, available from tomorrow, Friday 14th March.
Selected rates are reducing by up to 0.25%, with the largest reduction to a five-year fix at 60% LTV, reducing from 4.53% to 4.28% with a £1,999 fee, available for both purchase and remortgage.
In its purchase and remortgage range, other two and five-year fixed rates with a £1,999 fee have reduced at 60-75% LTV, with two-year fixes now starting from 4.21% and five-year fixes from 4.28%.
In the lender's existing customer Reward range, rates have reduced between 60% and 90% LTV, with the lowest two-year fix now at 4.06% and a five-year fix at 60% LTV reducing from 4.12% to 3.98% with a £999 fee.
Barclays has also reduced selected tracker rates and rate switch only products at 70% and 75% LTV.
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