Two-year fixed rates up to 60% LTV will be cut by 5bps to 1.50%, while 75% LTV products have been reduced to 1.79% with a £1,950 product fee and 2.66% fee-free.
Five-year fixed rates are now available at 2.19% up to 60% LTV and 75% LTV rates have been cut by 0.17% to 2.57%.
Barclays has also announced a number of changes to its residential criteria, including a higher maximum loan size of £400,000 on its 95% LTV products, a new £299 fee product range, and increased cashback of £300 on its Great Escape products.
The new £400,000 maximum loan size is applicable across a number of the Bank's two and five-year fixed rates at 95% LTV.
The £299 fee products are available for purchase and remortgage and include two-year fixed rates from 1.70% at 60% LTV and 2.03% up to 90% LTV, as well as five-year fixes at 2.03% to 60% LTV and 2.45% to 90% LTV.
Barclays says the changes ensure Barclays remains competitive following 'recent competitor movements'.
