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15 August: All Eyes On Key Inflation Update On Wednesday
Barclays has cut the cost of fixed rate borrowing on selected loan deals, effective from 15 August. It is the last of the biggest six lenders to cut rates over the past two weeks, writes Jo Thornhill.
Its two-year fix for purchase and remortgage customers is cut from 6.30% to 6.13% (60% LTV) with a £1,999 fee. The equivalent five-year fix is cut from 5.95% to 5.52%.
The bank’s two-year fixed rate fee-free deal for product transfer…
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