Brilliant Solutions

The office will be closed from 5pm today for staff training, open as normal tomorrow. 

Our office will be closed from 5pm Thursday, 20th October to 9am Friday, 21st October.
If you have any cases or enquiries that this may affect, please contact our team today. We apologise for any inconvenience.

We are currently experiencing some technical issues that are affecting our telephone lines and internet connection.

We hope to resolve this asap. Apologies for the inconvenience.


In honour of Her Majesty Queen Elizabeth II our offices will be closed on Monday 19th September while our staff pay their respects.

The office will re-open at 9am on Tuesday 20th September.

Barclays Update

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!

Mortgage Product Changes

We are operating within a fast-moving funding environment and are committed to reviewing our products at pace to ensure we continue to offer you a competitive range.

With this in mind – and further to the changes made last week – we are please to advise we have reviewed our offering and are reducing fixed rate products across our Residential purchase range by as much as 0.30%, effective from tomorrow, Wednesday, 14th June 2023.

Product change summary
  • Reducing rates and fees on a selection of our 2 and 5 year core range fixed rate products
  • Reducing the rates on our existing 2 and 5 year Green Home fixed rate products
  • Reducing the rates on our existing Mortgage Guarantee Scheme (MGS) fixed rate products
Product change highlights
  • 5 year Fixed £999 product fee, 90% LTV, Loans £5k – £570k will be reducing from 5.85% to 5.55%
  • 5 year Green Home Fixed £999 product fee, 90% LTV, Loans £5k -£570k will be reducing from 5.75% to 5.45%
  • 5 year MGS Fixed £0 product fee, 95% LTV, Loans £25k – £570k will be reducing from 7.47% to 7.17%

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.

Please note no products are increasing in price or being withdrawn as part of these changes. Please see below for the withdrawal timelines for products being reduced.

Product withdrawal timings

To qualify for a product, a MIS needs to have been generated, on or before the date of withdrawal (Tuesday 13th June) either using our Barclays systems or your preferred sourcing tool and must be submitted prior to the last application date – Thursday 22nd June.

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 22nd June to secure a case booking and submit).

Mortgage Policy Changes

As part of our ongoing commitment to reviewing and refining all aspects of our lending policy, please see below for some positive changes which are applicable for any application created from today, Thursday 15th June.

Contractor Holiday Pay

You can now include holiday pay for contract workers under an umbrella agency as income towards affordability. 

Pension letters

We will now accept the latest full month’s bank statements showing source of income, in lieu of a DWP pension letter for evidence of state pensions.

Scottish Child Care Payments

We will now accept income from Scottish Child Payments towards affordability for children aged 11 or under. This can be evidenced by the Social Security Scotland letter or the latest full month’s bank statements clearly identifying the source of income.

Buy to Let Proof of Rental Income

Documentary evidence for ‘Proof of rental income for all existing BTL / PTL properties’ will only be requested by our application system where the rental income is required to meet affordability.

Please note however that an underwriter may still require evidence when assessing portfolio landlord applications.

Other news – Existing Barclays Wealth Portfolio Refinancing

Refinancing of an existing Barclays Group investment/cash leveraged overdraft/loan (e.g., Portfolio Finance) will not be considered debt consolidation.

Applicants who wish to repay any existing Barclays Group Portfolio lending via a Barclays Interest Only Residential mortgage or Barclays Buy to Let mortgage are able to do so.

Share this:
Scroll to Top