Barclays Update

Barclays product change email

Please be advised we’re making a number of changes to new lending products available for Purchase and Remortgage across our Residential and Buy to Let ranges. These changes will be effective from tomorrow, Friday 24th June, 2022.  

Important – Full details of all changes are available by viewing our rate overview guide and guidance on securing a current rate before it changes is provided below.

How to secure a current rate before it changes

If you are in the process of recommending a rate that is confirmed as changing, you can still secure this rate, even if you’re not in a position to finalise and submit your application today.

Action required today to secure the rate:-

Generate a MIS

• You need to have a Mortgage Information Sheet (MIS) generated for the loan required on the required rate, dated (at the latest) today – Thursday 23rd June 2022.
• Note – You can generate a MIS either using our Barclays systems or your preferred sourcing tool.  

Select and save the rate

• You must also ensure you have selected and saved the required product within our application systems today, as it will not be available for selection from tomorrow

Action required by last application date, Saturday 2nd July:-

Secure a case booking

• To successfully submit the application you will require a case booking in our application system and you have until Saturday 2nd July to book your case and submit.

Submit your application

• You will need to submit your application on or prior to the last application date to qualify for the product – the last application date for these products is Saturday 2nd July.

Please see our new Intermediary and Reward rate sheets, to view the full range of Barclays mortgage products, effective from tomorrow.

Reminder – Key product change timings*

• Existing products: Final date for generating a Mortgage Information Sheet (MIS) Thursday 23rd June, 2022
• Last new lending applications on existing products: Saturday 2nd July, 2022