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 Insider Podcast is back
Season 4 of Barclays award-winning podcast Mortgage Insider kicks off today with an in-depth look at the UK purchase market
Historically speaking, April represents one of the busiest months for the UK housing market. So, what better time to launch the fourth series of the award-winning Barclays Mortgage Insider Podcast, and what better subject to kick off with than an episode focusing squarely on the performance and potential of the UK purchase market.
New host and resident property expert Phil Spencer puts Lucian Cook, one of the country’s most respected housing market commentators and head of residential research at Savills, in the hotseat and quizzes him on the current state of play across the UK sales market.
The high-level housing conversation also covers a plethora of key topics including the impact of rising mortgage rates, how housebuilders are faring, the challenges facing first-time buyers, the future of buy-to-let and the reasons why brokers should remain optimistic.
This really is a must listen for all brokers and anyone operating in and around the mortgage market.
Please click here to access these valuable insights and don’t forget to click on the free subscription button to ensure that you don’t miss out on any future episodes.
We hope you enjoy this podcast and watch this space for more information on the next instalment in what promises to be an exciting new series.
Mortgage Product Changes
Within this fast-moving market, we are committed to reviewing our products at pace to ensure we continue to offer you a competitive range. With this in mind, following a further review, please be advised we’re making positive changes to products across our Residential new lending and Reward ranges, effective from tomorrow, Wednesday, 5th April 2023.
Product change summary
- Reducing a selection of our existing 2 and 5 year fixed rate purchase and remortgage products, by as much as 0.20%
- Reducing a selection of our existing larger loan 2 and 5 year fixed rate purchase and remortgage products, by as much as 1.29%
- Reducing a selection of our existing fixed rate products, by as much as 1.00%, across our residential Reward range – available for further borrowing and product transfers
Product change highlights
- 2 year Fixed £999 product fee, 75% LTV, Min loan £5k, Max loan £2m will be reducing from 4.32% to 4.15%
- 5 year Fixed £1999 product fee, 60% LTV, Min loan £2m, Max loan £10m will be reducing from 5.59% to 4.30%
- 5 year Reward Fixed £999 product fee, 60% LTV, Min loan £5k, Max loan £2m will be reducing from 4.00% to 3.84%
For more information, full details of all product changes can be found within our rate overview guide and you can access the full range of Barclays mortgage products, effective from tomorrow, within our updated Intermediary and Reward rate sheets.