Daily Mirror - Barclays makes change for customers 'from Tuesday' as costs increase
Barclays is making changes that will affect customers from tomorrow.
It is withdrawing its market-leading 4.75% two-year fixed mortgage and 4.93% five-year fix – with financial experts warning that the move could "put pressure" on other lenders to raise their own rates.
Aaron Strutt, product and communications director of London-based Trinity Financial, said: "Barclays is pulling the market-leading 4.75% two-year fix and the 4.93% five-year fix. The bank last changed rates on September 22, so while these deals have not been around for long, they would have been incredibly popular, especially with so many of the bigger lenders mostly offering fixes over 5% now.
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