Barclays launches sub-4% two-year fixed rates with cuts of up to 0.26%

Barclays is reducing rates on a selection of residential purchase and remortgage products by up to 0.26%, effective from tomorrow, Tuesday 29th October.

In its residential purchase range, a Premier two-year fix at 60% LTV is now available from 3.96% and a standard product has decreased to 3.99%, both with an £899 fee. A fee-free two-year fix at 60% LTV is down to 4.21%.

At 75% LTV, two-year fixed rates now start from 4.11% for a Premier product, 4.12% for a standard product, and 4.33% fee-free.

A two-year fix at 85% LTV has also decreased by 26bps to 4.38% with a £1,999 fee.

Two-year green home products are also down by up to 0.26%, now starting from 4.11% at 60% LTV and 4.23% at 75% LTV with no fee.

In Barclays' remortgage range, two-year fixed rates now start from 4.00% at 60% LTV for a Premier product and 4.03% for the standard product, both with a £999 fee.

A 75% LTV two-year fixed rate remortgage product has lowered to 4.28% with a £999 fee and Great Escape two-year fixes have reduced to 4.38% at 60% LTV and 4.65% at 75% LTV with no fee.

Available for both purchase and remortgage, two-year fixed rate products have reduced to 4.03% at 60% LTV, 4.13% at 70% LTV and 4.28% at 75% LTV, all with a £1,999 fee.

10-year fixed rates have decreased to 4.85% at 60% LTV and 5.41% at 80% LTV, both with a £999 fee.