Barclays refreshes range

The 3-year fix stands at 85% loan-to-value at 2.72% with a £999 fee.

Other mortgages in the residential range are 2-year fixes at 2.09% with a £999 fee or 2.49% with no fee, while its 5-year fix stands at 3.19% with a £999 fee.

On its buy-to-let range 2-year fixes have been cut to 2.19% to 60% LTV and 2.54% to 75% LTV with a £1,999 fee, while the lender also offers a no fee 2-year fix at 3.39% to 75% LTV.

Its 5-year buy-to-let fixes have been cut to 3.20% to 60% LTV and 3.79% to 75% LTV with a £1,999 fee.

The bank’s buy-to-let 2-year tracker has been cut to 2.15% to 60% LTV and 2.65% to 75% LTV with a £1,499 fee, while its Great Escape 2-year fixes now stand at 2.99% to 60% LTV and 3.69% to 75% LTV with no fee and £400 cashback.

Craig Calder, director of mortgages at Barclays, said: “This is one of the lowest rate changes we’ve made this year so far, offering better rates for those customers with a smaller deposit as well as helping them to keep down the repayments for their property.

"We’re also committed to the BTL market, and these new rates across 60% & 75% LTV represent the commitment we have to customers and landlords and are the lowest we have ever offered on buy-to-let.”