Barclays pulls sub-4% five-year fixes
The lender has increased two five-year fixed rates at 60% LTV.
Barclays has become the latest lender to withdraw sub-4% mortgage rates.
Last month, Santander withdrew its 3.99% five-year fixed rate due to an increase in five-year market swap rates.
Barclays has repriced a number of mortgage products today, including increasing its five-year fixed rate at 60% LTV from 3.99% to 4.11%.
The bank is still offering a 3.98% five-year fix in its Reward range for existing customers, which it launched last month.
Elsewhere in the lender's range, a green home five-year fixed rate at 60% LTV has increased from 3.96% to 4.02% with an £899 fee. At 90% LTV, a two-year fix has increased from 4.74% to 4.80%.
A five-year fixed rate remortgage product at 85% LTV has risen by 10bps to 4.97% with a £999 fee and a Great Escape five-year fix at 85% LTV has increased from 4.97% to 5.07% with no product fee.
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
HSBC
HSBC launches new sub-4% mortgage rates
Buy-to-let
The Mortgage Works launches sub-3% buy-to-let rates
Inflation
Base rate cut 'now certain' as inflation falls to 2.6%
April Mortgages
April Mortgages launches 7x loan-to-income lending
Tax
HMRC rule change set to impact millions of landlords and sole traders
Pension
Government announces plans to consolidate small pension pots
