Mortgage Rates Cut By Barclays, TSB and Clydesdale

Further rate reductions effective from today see TSB join several other lenders with a sub 4% rate at 60% loan-to-value. The lender has made a number of rate changes for first time buyer and home mover applications, with cuts of up to 0.20% across 2, 3 and 5 year Fixed rate products. 2 year Fix remortgage products have also been reduced by 0.05-0.20% at various loan-to-values.

Barclays cuts from tomorrow see select purchase rates reduce by up to 0.24%, with remortgage rates reducing by as much as 0.33% at 75% loan-to-value. Existing mortgage customers will also see products down by up to 0.13%.

Clydesdale residential rate changes, also in effect from tomorrow, will see select 2 and 5 year Fixed rates reduce by up to 0.15% for new and existing customers.

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