Barclays will be introducing rate changes across a selection of products across its purchases, mortgage refinancing and rewards range from tomorrow (29 January).
The bank has launched a two-year fixed rate purchase product at an 85% loan-to-value (LTV) with an £899 fee and 3.75% interest, available between £5,000 and £2 million.
Purchasing rates have also been reduced. The 90% two-year fixed LTV with an £899 fee has been reduced from 4.55% to 4.20%, available from £5,000 to £640,000.
The 90% five-year fixed LTV with an £899 fee has also been reduced from 4.37% to 4.17%, available from £5,000 to £640,000.
Barclays has also made cuts to its EMC Reward product range. These include the 85% no-fee two-year fixed LTV, which will be reduced from 4.59% to 4.36%, available from £1,000 to £2 million.
Among other cuts, the five-year fixed 90% LTV at no cost has been reduced from 4.65% to 4.55%, available from £1,000 to £2 million.
Elsewhere, Accord Mortgages is making changes to its range of new homes, product transfers and top-up loans.
The current residential new business range will be discontinued on January 28 at 10pm and the new range will be available on January 29 at 8am.
The lender will include its products for the first buyer with a cashback of £500 and £495 with an LTV of 75% and 85%.
In addition, the end dates will be extended until the end of May.
Accord is also withdrawing its product transfer and additional lending range at 10pm on January 29 and the new range will be available on January 30 at 8am.
The end dates will also be extended until the end of May.
Meanwhile, Coventry for Intermediaries has announced it will reduce all fixed buy-to-let (BTL) interest rates for new borrowers.