In residential purchase-only, two-year fixed rates are set to rise across 60% to 95% LTV, affecting both fee and fee-free options. Examples include a 60% LTV two-year fix moving from 4.25% to 4.60% and a 75% LTV two-year fix rising from 4.31% to 4.66%. Five-year fixed purchase products will also increase, including a 60% LTV five-year fix moving from 4.55% to 4.80%.
Green home residential products will be repriced higher, with a 60% LTV two-year fix rising from 4.35% to 4.70% and a 60% LTV five-year fix moving from 4.45% to 4.70%. Springboard products will also rise, including 95% LTV increasing from 5.07% to 5.32% and 100% LTV from 5.39% to 5.64%.
In residential remortgage-only, fixed rates will increase across two-, three- and five-year terms. Standard two-year fixes include 60% LTV rising from 4.31% to 4.66% and 85% LTV from 4.79% to 5.14%. The Great Escape remortgage range will also increase, including a 60% LTV two-year fix moving from 4.55% to 4.90% and a 60% LTV five-year fix from 4.75% to 5%.
For larger loans, Barclays will lift rates on purchase-and-remortgage products with minimum borrowing from £2m. A 60% LTV two-year fix rises from 4.36% to 4.71%, while a 60% LTV five-year fix moves from 4.53% to 4.78%. Ten-year fixed rates will also increase, including a 60% LTV ten-year fix from 5.10% to 5.35%.
In addition, buy-to-let rates will rise across purchase-only, remortgage-only and purchase-and-remortgage ranges. A purchase-only two-year fix at 75% LTV will increase from 4.58% to 5.13%, while a remortgage-only two-year fix at 60% LTV will move from 4.28% to 4.83%.