Barclays cuts five-year fixes by up to 33bps as lenders compete through a busy remortgage season

Barclays has cut residential fixed rates by up to 33bps, taking its 60% LTV five-year fix from 4.76% to 4.43%, with Nationwide, Atom and Gen H also trimming over the past week. With Bank Rate held at 3.75%, this reflects easing swap rates and competition ahead of a heavy remortgage season, not a base-rate move. For buyers and remortgagers acting now, monthly costs ease slightly; for sellers, cheaper finance supports demand. Rates still sit well above pre-2022 norms — gentle relief, not cheap money.