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, Wednesday 10 September, we are changing rates on a selection of products in our Purchase and Remortgage ranges.
Additionally, the Early Repayment Charge (ERC) on our 3 Year Fixed Rate products will be reduced from 3% to 2%.
Please see the rate overview guide for information of all our product changes.
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 (Tuesday 9 September).
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 (Thursday 18 September) to gather all requirements and submit your fully-packaged case.
For product transfers, the product must be selected and application submitted on or before Wednesday 10 September.