Here are the latest updates from Barclays. These products are available via our direct to lender mortgage club which offers you payment on completion and a lot more besides!
Barclays Mortgage Product Changes
Reward range fixed rate end date extension
Please be advised we are extending the end dates to 30th September on all fixed rate products within our Reward range, available for Product Transfer and Further Borrowing, for your clients with an existing Barclays Residential or Buy to Let mortgage.
This update will be made overnight and new products will be available to you for selection from tomorrow, Thursday 4th May.
BTL product withdrawals*
Please also be advised the following BTL remortgage products will be withdrawn today, Wednesday 3rd May.
- 5.66% 2 year Tracker £1795 product fee, 60% LTV, Min loan £35k, Max loan £1m
- 5.67% 2 year Tracker £1795 product fee, 75% LTV, Min loan £35k, Max loan £1m
You can access the full range of Barclays mortgage products, effective from tomorrow, within our updated Intermediary and Reward rate sheets.
Please see directly below for some positive updates for your Barclays residential mortgage clients plus the key timings relating to last applications on the BTL products being withdrawn.
New – 50% discount on Hive Thermostat Mini
All your residential Barclays mortgage clients will be able to get a 50% discount on a Hive Thermostat Mini, and other add-ons such as installation, the Hive Hub, and Hive Heating Plus subscription. This offer is now available so you may receive questions or queries from your clients about the offer.
Extended – Greener Home Reward
Barclays Greener Home Reward is a limited-time offer cash reward (of up to £2000) for eligible Barclays residential mortgage customers who undertake retrofitting works that increases the energy efficiency of their home, such as installation of air source heat-pumps, triple/double glazing, solar panels, or insulation.
Originally set to close in May, we are pleased to confirm eligible Barclays mortgage customers now have until 31 January 2024 to register and until 31 July 2024 to claim. The eligibility criteria and T&Cs remain the same and can be accessed on the website.
Find out more
You can visit our Sustainability Hub to gain more information on the offers available to your clients with an existing Barclays Residential mortgage.
*Product withdrawal timings
To qualify for a product, a MIS needs to have been generated, on or before the date of withdrawal (Wednesday 3rd May) either using our Barclays systems or your preferred sourcing tool and must be submitted prior to the last application date – Friday 12th May for new lending applications.
Please be advised that upon withdrawal, the products will be removed from the dropdown options within our application services. Therefore, for new lending applications you will need to ensure the product has been selected and saved in the application today (you then have until Friday 12th May to secure a case booking and submit).