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
Following a review of our current pricing, we’re making some changes to a selection of products across our existing Residential, Buy to Let and Reward ranges. As a result of this review, some products will see a decrease while others are increasing. All changes will be effective Tuesday 19th October 2021.
Please see below some key products impacted by this pricing update. Full details of all changes can be found in our rate overview guide.
Key change highlights
Residential Purchase Fixed rates
- 2.65% 5 Year Fixed £999 fee, 90% LTV, Loans £5k – £570k reducing to 2.55%
- 2.88% 5 Year Fixed £0 fee, 90% LTV, Loans £5k – £570k reducing to 2.70%
Residential Purchase and Remortgage Tracker rates
- 1.97% 2 Year Tracker £999 fee, 80% LTV, Loans £5k – £2m reducing to 1.39%
Buy to Let Purchase and Remortgage Fixed rates
- 2.75% 10 Year Fixed £1795 fee, 75% LTV, Loans £35k – £1m reducing to 2.45%
Residential Reward range – product transfer and further borrowing
- 2.40% 5 Year Fixed £0 fee, 85% LTV, Loans £5k – £2m reducing to 2.20%
Please see our new Intermediary and Reward rate sheets, to view the full range of Barclays mortgage products, effective from tomorrow.
Key product change timings*
- Existing products: Final date for generating a Mortgage Information Sheet (MIS) Monday 18th October, 2021
- Last rate switch (product transfer) applications on existing Reward range products: Tuesday 19th October, 2021
- Last new lending applications on existing products: Wednesday 27th October, 2021