Barclays cuts mortgage rate back below 4%

29 April 2026

We’re cutting mortgage rates and are once again offering a product below 4% (Premier 2 year tracker) – I believe we are the first lender to do so. All details of reductions are below, and we will also be making a limited number of increases. Changes are effective from tomorrow, Thursday 30th April.

To qualify for Premier, customers need to have a current account with Barclays and either pay in a gross annual income of £75,000, or have at least £100,000 in savings, in eligible investments, or a mix of both with the bank.

New products
Residential

Purchase only

• 3.96% Premier 2 Yr Tracker £999 product fee, 75% LTV, Min loan £5k, Max loan £2m
• 4.93% Premier 5 Yr Fixed £0 product fee, 80% LTV, Min loan £5k, Max loan £2m

Remortgage only

• 5.08% Premier 2 Yr Fixed £999 product fee, 80% LTV, Min loan £5k, Max loan £2m
• 4.80% Premier 5 Yr Fixed £999 product fee, 60% LTV, Min loan £5k, Max loan £2m

Existing product decreases
Residential

Purchase only

• 4.73% Premier 2 Yr Fixed £899 product fee, 75% LTV, Min loan £5k, Max loan £2m will decrease to 4.71%
• 5.10% 3 Yr Fixed £899 product fee, 75% LTV, Min loan £5k, Max loan £2m will decrease to 5.05%
• 5.01% Premier 5 Yr Fixed £899 product fee, 90% LTV, Min loan £5k, Max loan £640k will decrease to 4.94%

Remortgage only

• 4.95% 3 Yr Fixed £999 product fee, 60% LTV, Min loan £5k, Max loan £2m will decrease to 4.90%
• 5.06% 3 Yr Fixed £999 product fee, 75% LTV, Min loan £5k, Max loan £2m will decrease to 5.01%
• 5.01% 5 Yr Fixed £999 product fee, 60% LTV, Min loan £5k, Max loan £2m will decrease to 4.83%
• 5.04% 5 Yr Fixed £999 product fee, 75% LTV, Min loan £5k, Max loan £2m will decrease to 4.91%
• 5.20% The Great Escape™ 5 Yr Fixed £0 product fee, 60% LTV, Min loan £50k, Max loan £2m will decrease to 5.01%
• 5.23% The Great Escape™ 5 Yr Fixed £0 product fee, 75% LTV, Min loan £50k, Max loan £2m will decrease to 5.07%