Barclays lowers residential mortgage rates by up to 0.50%
Tags: Remortgages, Residential mortgages
Quick Summary
Barclays has reduced selected residential purchase and remortgage rates by up to 0.50%, offering more competitive options for borrowers looking to secure a new deal. Two-year fixed rates now start from around 4.60% for buyers with a 40% deposit, while borrowers with a 25% deposit can access rates from just below 4.70%. Selected five-year fixed rates have also been reduced and now start below 4.60%.
Mortgage rates can change at short notice, so buyers and homeowners approaching the end of their current deal may benefit from reviewing their options early. Trinity Financial’s brokers can compare Barclays with rates from more than 90 banks, building societies and specialist lenders. Contact Trinity Financial to find out which mortgage is most suitable for your circumstances.
Barclays is the latest big bank to announce fixed rate price reductions across its residential purchase and remortgage ranges.
Available from tomorrow (6/8/2026), selected residential rates will see reductions of up to 0.50%
For residential purchase, the lowest two-year fixed rate for those with a 40% deposit is now priced around 4.60% with an £899 arrangement fee. For those with a 25% deposit, the two-year fixed rates have reduced by 0.2%, now starting from just below 4.7%.
Five-year fixed rates have seen smaller rate reductions of up to 0.10%, with the lowest rate now at below 4.60%, available for those with a 40% deposit and it also has a £899 fee.
The largest reductions are to 10-year fixed rates by 0.50% but they are still priced over 5%. It also looks like Barclays is keeping its sub-4% two-year tracker rate.
Jatin Patel, head of mortgages, savings and insurance at Barclays, said: “Recent market volatility means many homeowners have understandably been keeping a close eye on mortgage rates. We are pleased to announce a number of rate reductions live today across our mortgage range.
“However, it’s important that homeowners know they don’t always need to hold off on decisions while they wait for rates to change. Many lenders, including Barclays, offer the option to secure a new mortgage up to 90 days before end of their current deal, with the flexibility to switch if a better rate comes along. In periods of uncertainty this can help provide peace of mind for consumers looking to plan their next move.”
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The mortgage market moves fast — and the right advice can make a significant difference to the rate and deal you secure. Get in touch with our team to discuss your options.
Call Trinity Financial on 020 7016 0790 to secure a fixed low deposit mortgage, book a consultation, or use our appointment calendar
The information contained within was correct at the time of publication but is subject to change. It is for general information purposes and is not advice.
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