The changes apply to Barclays’ reward range and the new 90% LTV products include a fee-free two-year fix with a rate of 5.22% and the option with a £999 fee, priced at 5.01%.
The corresponding five-year fixed options have rates of 4.75% and 4.67%. The available loan sizes on these products range from £1,000 to £2m.
Also for existing reward customers, Barclays has cut residential rates up to 85% LTV.
This includes the two-year fix at 60% LTV with no fee, which has gone down from 4.6% to 4.43%.
The 75% LTV two-year fix with a £999 fee has been reduced from 4.52% to 4.4%, while the fee-free option has been cut from 4.89% to 4.61%.
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Barclays has also lowered five-year fixed rates, including the 85% LTV product with a £999 fee, which has been cut by 0.3% to 4.57%, and the fee-free deal, which has gone down from 4.97% to 4.7%.
Changes have also been made to the buy-to-let (BTL) existing customer reward range. The two-year fix at 65% LTV with a £1,795 fee has been cut by 0.3% to 4.4%, while the fee-free equivalent is now 4.78%, down from 5.15%.
The two-year fix at 75% LTV with a £1,795 fee has been reduced from 5.01% to 4.55% and the option with no fee has fallen from 5.45% to 5.05%.
At 65% LTV, the five-year fix for BTL borrowers with no fee has been cut from 4.57% to 4.5%.
Changes apply from 21 February.
