Barclays cuts 5-year fix mortgage rate to 3.84% at 60% LTV after Bank of England's base rate cut.

Barclays lowers 5-year fix mortgage rate to 3.84% at 60% LTV following Bank of England's base rate cut; some experts see this as a positive move potentially encouraging more competitive sub-4% deals, but others express concern that it benefits larger deposit holders at the expense of those with smaller deposits.