Barclays Announces New 80% LTV Fixes and Rate Reductions Across Mortgage Ranges

Latest Barclays Mortgage Product and Rate Updates: August 2025

Barclays has unveiled significant changes to their mortgage lineup, effective from 19 August 2025. Homebuyers and those looking to remortgage can now benefit from reduced rates on a variety of fixed-rate products, alongside the launch of new 80% loan-to-value (LTV) mortgages.

These adjustments are set to enhance competitiveness for both new borrowers and those switching their existing deals.

Barclays Mortgage Rate Reductions and New Products

• New 80% LTV 2 Year Fixed Rates:
  • Purchase: 4.05% fixed for 2 years, £0 product fee. Min loan £5k, max £2m.
  • Remortgage (“Great Escape™”): 4.46% fixed for 2 years, £0 product fee. Min loan £50k, max £2m.
• Purchase Product Rate Improvements:
  • 2 Year Fixed at 75% LTV, £899 fee: Rate reduced from 4.01% to 3.79%.
  • 3 Year Fixed at 75% LTV, £899 fee: Rate reduced from 4.07% to 3.99%.
• Remortgage Rate Cuts:
  • 2 Year Fixed (“Great Escape™”) at 75% LTV, £0 fee: 4.48% now 4.23%.
  • 5 Year Fixed at 75% LTV, £999 fee: 4.09% now 3.95%.
• EMC Reward Fixed Rate Reductions:
  • 2 Year Fixed at 75% LTV, £999 fee: 3.99% now 3.96%.
  • 3 Year Fixed at 60% LTV, £999 fee: 3.95% now 3.90%.
  • 5 Year Fixed at 75% LTV, £999 fee: 3.99% now 3.95%.

Who Benefits from These Barclays Changes?

The latest Barclays updates cater to a broad range of borrowers:

• Home movers and first-time buyers looking for competitive fixed-rate deals, particularly when borrowing up to 80% of a property’s value.
• Remortgagors—especially those with outstanding balances from £50,000—seeking to switch and enjoy lower rates with minimal upfront fees.
• Borrowers seeking low-fee products, as the new options come with no product fee.
• Those aiming for short and medium fixed-rate certainty at improved rates, with options spanning 2, 3, or 5 years.

Special Features: The Barclays “Great Escape™” Range

• No product fees to pay, supporting cost-effective remortgaging for those looking to cut total switching costs.
• Available on both the new 80% and 75% LTV brackets.
• Designed for straightforward transitions—ideal for borrowers currently tied to higher rates elsewhere.

Why Consider Barclays for Your Mortgage?

• Consistently competitive fixed-rate mortgages across purchase, remortgage, and reward ranges.
• Choice of low or zero product fee options, appealing to those prioritising reduced upfront costs.
• Maximum loans up to £2 million, suiting a broad spectrum of property values and borrower needs.
• Flexible criteria and wide LTV brackets address diverse borrower profiles, from first-time buyers to experienced remortgagors.
• Well-recognised for specialist support and customer service among UK mortgage lenders.

How to Get Started

If you are interested in Barclays’ new rates or want tailored mortgage advice, our specialist team can help you navigate your options, check your eligibility, and secure the most suitable deal. Get in touch today for a personal consultation to make the most of these rate reductions and product launches.

Contact our mortgage experts now for up-to-date Barclays rates and personalised guidance!

FAQs: Barclays 2025 Mortgage Rate Updates

• Who qualifies for the new Barclays 80% LTV products?
  Most UK borrowers purchasing or remortgaging a property with a minimum deposit/equity of 20% (max 80% LTV) can apply. Specific criteria apply based on income, property type, and credit history.
• How do these rate changes impact my monthly repayments?
  Lower fixed rates will reduce monthly payments for new applicants or those remortgaging, depending on loan size, term, and individual circumstances.
• Is Barclays suitable for debt consolidation or home improvements?
  Yes, Barclays remortgage and further advance products may be used to consolidate existing debts or fund home improvement projects, subject to their lending criteria.
• How do I apply or find out if I qualify for these Barclays products?
  Contact our mortgage advice team for a personalised assessment. We will review your needs and eligibility before helping you apply directly with Barclays.
• Are product fees optional or required?
  Several Barclays products have £0 product fees, while some offer lower rates in exchange for a fee. You can choose the structure best suited to your circumstances.