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
We continue to monitor our range against market conditions and are pleased to confirm we are taking advantage of recent falls in the cost of market funds by further reducing rates on a selection of products across our Residential and Buy to Let new lending and Reward ranges, effective from tomorrow, Friday 15th September.
Key residential remortgage product change highlights
- 2 year Fixed 999 product fee, 60% LTV, Min loan 5k, Max loan 2m will be reducing from 5.98% to 5.88%
- 5 year Fixed 999 product fee, 60% LTV, Min loan 5k, Max loan 2m will be reducing from 5.37% to 5.27%
- 5 year Reward Fixed 999 product fee, 75% LTV, Min loan 5k, Max loan 2m will be reducing from 5.39% to 5.34%
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.
Product withdrawal timings
To qualify for a product, a MIS needs to have been generated, on or before the date of withdrawal (Thursday 14th September) either using our Barclays systems or your preferred sourcing tool and must be submitted prior to the last application date Friday 15th September for Product Transfers and Saturday 23rd September 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 Saturday 23rd September to secure a case booking and submit).