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
From tomorrow, Friday 31 October, we are changing rates on a selection of products in our Purchase and Remortgage ranges.
Please see the rate overview guide for information of all our product changes. This change includes both decreases and increases.
Key Purchase product highlights:
- 4.06% 2 Year Fixed £0 product fee, 60% LTV, Min loan £5k, Max loan £2m will decrease to 3.93%
- 3.86% 2 Year Fixed £899 product fee, 60% LTV, Min loan £5k, Max loan £2m will decrease to 3.73%
- 4.87% 2 Year Fixed £0 product fee, 95% LTV, Min loan £25k, Max loan £570k will decrease to 4.82%
- 4.01% 5 Year Fixed £899 product fee, 60% LTV, Min loan £5k, Max loan £2m will decrease to 3.98%
- 4.19% 5 Year Fixed £0 product fee, 60% LTV, Min loan £5k, Max loan £2m will decrease to 4.09%
- 4.82% 5 Year Fixed £0 product fee, 95% LTV, Min loan £25k, Max loan £570k will decrease to 4.79%.
You can access the full range of Barclays mortgage products on our Intermediary and Reward rate sheets via our Intermediaries website, which will be updated tomorrow.
Product withdrawal timings
Please be advised that upon withdrawal, the products will be removed from the dropdown options within our application services.
For new lending, the ‘Mortgage and product details’ application section needs to be completed and a MIS generated in the Barclays system, on or before the date of withdrawal (Thursday 30 October).
Don’t forget, once the product has been recommended for new lending, you have a further 9 days from withdrawal until the last application date (Saturday 8 November) to gather all requirements and submit your fully-packaged case.
For product transfers, the product must be selected and application submitted on or before Friday 31 October.