Barclays launches 1.55pc two-year fix

The lender has also reduced its five-year fixed rate at 80% LTV from 3.49% to 3.35%.

Both rates will be available from tomorrow and the application fee on both is £999.

Barclays is moving forward the end dates for all its buy-to-let and residential fixed-rate products by a further three months so, for instance, its residential two-year fixed rate will now have a June 2017 end date.

It has also announced that it is permanently extending the opening hours of its Intermediary Business Centre from 09:00 to 18:00 Monday to Friday and is continuing to pilot extended opening hours on Saturday mornings from 09:00-13:00 until the end of March (0345 073 3330 options 1 and 2).