Barclays Mortgage Rate Reductions: Lower Fixed Rates for Home Buyers and Remortgagers (August 2025)

Barclays Announces Significant Mortgage Rate Cuts

Barclays has unveiled a new round of mortgage rate reductions across several of its most popular products. Effective from Thursday, 14 August 2025, these updates apply to home purchase, remortgage, and Reward mortgage ranges.

For UK borrowers, this represents a timely opportunity to secure more competitive fixed-rate deals for both residential and remortgage needs.

Key Mortgage Product Updates from Barclays

Here are the headline changes for Barclays’ revised fixed-rate mortgages:

• 2 Year Fixed (Purchase):
  • Now 4.12% (was 4.22%) – £899 product fee, 85% LTV, loans from £5k up to £2m
  • Now 4.43% (was 4.63%) – No product fee, 85% LTV, loans from £5k up to £2m
• 2 Year Fixed (Remortgage):
  • Now 4.39% (was 4.75%) – £999 product fee, 85% LTV, loans from £5k up to £2m
• 5 Year Fixed (Remortgage):
  • Now 4.20% (was 4.60%) – £999 product fee, 85% LTV, loans from £5k up to £2m
• EMC Reward 2 Year Fixed:
  • Now 4.39% (was 4.47%) – £999 product fee, 85% LTV, loans from £1k up to £2m
• EMC Reward 5 Year Fixed:
  • Now 4.20% (was 4.31%) – £999 product fee, 85% LTV, loans from £1k up to £2m

Barclays’ changes make several of these products stand out as some of the best mortgage rates UK for those needing higher loan-to-value (LTV) products and flexible eligibility.

Who Benefits from Barclays’ Mortgage Criteria?

• First-time buyers seeking a competitive entry point, particularly at 85% LTV
• Home movers who want certainty with a fixed-rate period up to 5 years
• Remortgage applicants looking to reduce monthly repayments as rates fall
• Clients with loans between £5,000 and £2 million, offering a wide affordability range

Criteria remain unchanged for these products, making them accessible to a broad range of borrowers, including those consolidating debt or funding home improvements with higher-LTV lending needs.

Special Promotions & Unique Features

• Reward Range: Extra incentives for eligible customers, with lower rates available on the EMC Reward products (details vary).
• Fee Options: Both fee and fee-free choices on core products, appealing to different borrower circumstances.
• Refer a Friend Offer: When you refer a friend to our mortgage advice services and they proceed, you’ll receive a £30 Amazon voucher.

Why Consider Barclays for Your Next Mortgage?

• Consistently competitive fixed-rate mortgages suitable for first-time buyers, home movers, and remortgages
• Large loan range from £5,000 up to £2 million at up to 85% LTV
• Flexible fee structures for more tailored financial planning
• Well-established UK mortgage lender with robust support and quick processing

Next Steps: Secure Your Barclays Mortgage Rate

Mortgage rates and criteria can change rapidly. If you’re considering applying, gather any necessary documentation and send it to your broker promptly to avoid missing out on these rates.

Contact our team for expert, FCA-regulated advice and access to the entire UK market. Call 02392 006428 or browse our updated best buy tables below to start comparing now.

• View Today’s Best Remortgage Fixed Rates
• View Tracker Rate Offers

FAQs – Barclays Mortgage Product Updates

• Who qualifies for the new Barclays fixed-rate products?
  Answer: UK residents purchasing, remortgaging, or qualifying for Reward products with loans from £5,000 to £2 million at up to 85% LTV may be eligible, subject to Barclays’ lending criteria and affordability checks.
• How do these rate reductions impact my monthly repayments?
  Answer: Lower interest rates mean you could see reduced monthly mortgage payments or lower total interest costs over the fixed-rate period, depending on your loan size and term.
• Can I apply for these rates if I’m consolidating debts or improving my home?
  Answer: Yes, borrowers looking to consolidate debt or fund home improvements can often remortgage to these products, provided they meet Barclays’ criteria.
• How do I secure these updated Barclays mortgage rates?
  Answer: Contact our qualified mortgage advisers as soon as possible, gather your required documents promptly, and we will help process your application before rates change again.
• Are these Barclays rates available for buy-to-let?
  Answer: These reductions apply to residential and Reward products. Separate buy-to-let rates are offered by Barclays but differ in criteria and regulation.