Barclays have launched two 90% LTV products for first-time buyers.

The offerings include a 5-year fix at 3.65% with a £999 fee, and at 3.79% without a fee.

The deals are available on loans up to £500,000.

In addition, the lender has made a series of rate reductions on select purchase and remortgage deals.

Notable reductions include the 85% LTV 2-year fix cut from 2.99% to 2.83%, and the 75% LTV 5-year fix from 1.88% to 1.78%.

Both offerings are for purchase only, include a £999 fee and are available on loans worth up to £2m.

The 80% LTV 2-year fix has seen its rate decreased from 2.12% to 2.08%.

This deal is for both purchase and remortgage, includes a £999 fee and is available on loans worth up to £2m.

Furthermore, the 75% LTV 2-year fix has been cut from 2.30% to 2.19%, and the 85% 5-year fix from 2.95% to 2.82%.

The two products are both for remortgage only and are available on loans worth up to £2m.

However, the former deal is within the lender’s Great Escape range and has no fee, while the latter include a £999 fee.