Barclays have reduced rates across its residential purchase, remortgage and reward ranges.

Notable reductions include the 90% LTV 2-year fix cut from 3.55% to 3.48% and the 90% LTV 5-year fix cut from 3.65% to 3.48%.

Both offerings include a £999 fee and are for purchase only.

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In addition, a 90% LTV 2-year fix has been cut from 3.75% to 3.72%, and a 90% TV 5-year fix from 3.79% to 3.72%. The two deals are for purchase only and do not include any fees.

The lender has also reduced rates on the 75% LTV 2-year fix from 2.08% to 1.88%, and on the 60% LTV 5-year fix, from 1.79% to 1.69%.

The two products are both in the bank’s Great Escape range, include no fees and are for remortgage only.

In addition, the 85% LTV 5-year fix has been reduced from 2.82% to 2.71%.

This offering is for remortgage only and includes a £999 fee.

The rate reductions will be available from Thursday 14 January.