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 & Policy Changes
We are pleased to confirm that we are reducing rates on a selection of products in our Residential Purchase ranges, effective from tomorrow, Wednesday 8th May
Key residential purchase product change highlights
- Reduced -2 Yr Fixed £899 product fee, 85% LTV, Min loan £5k, Max loan £2m, will be reducing from 5.23% to 4.99%
- Reduced –2 Yr Fixed £0 product fee, 85% LTV, Min loan £5k, Max loan £2m, will be reducing from 5.57% to 5.18%
- Reduced – 5 Yr Fixed £899 product fee, 85% LTV, Min loan £5k, Max loan £2m, will be reducing from 4.92% to 4.78%
For more information, please view 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.
Product withdrawal timings
To qualify for a product, a MIS needs to have been generated, on or before the date of withdrawal (Tuesday 7th May) either using our Barclays systems or your preferred sourcing tool and must be submitted prior to the last application date Thursday 16th May.
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 Thursday 16th May to secure a case booking and submit).