Barclays reduces remortgage and existing customer rates

Barclays has announced its latest round of mortgage rate reductions, with a focus on remortgage and existing customer products - some going further below 4%.

Available from tomorrow, residential remortgage rates have reduced by up to 0.10%.

Two-year fixed rates at 60% LTV now start from 3.70% for the Premier product and 3.71% for the standard £999 fee product, with a 75% LTV rate reducing from 3.92% to 3.82% with a £999 fee.

Great Escape two-year fixes with no product fee have reduced to 4.04% at 60% LTV and 4.12% at 75% LTV.

Five-year fixed rates now start from 3.80% at 60% LTV and 3.88% at 75% LTV, with Great Escape products down to 4.00% at 60% LTV and 4.05% at 75% LTV.

Existing customer reward rates have reduced by up to 0.11%, with two-year fixes at 60% LTV down to 3.70% with a £999 fee and 4.03% fee-free. 75% LTV rates have reduced to 3.81% and 4.11% respectively.

Five-year existing customer rates now start from 3.80% at 60% LTV and 3.87% at 75% LTV with a £999 fee.