Brilliant Solutions

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!

Important Barclays product news

From tomorrow, Tuesday 25 June, we are changing rates on a selection of products across our Residential Purchase range.

Key Residential Purchase product change highlights

  • Reduced – 2 Yr Fixed  £0 product fee, 90% LTV, Min loan £5k, Max loan £570k, will be reducing from  5.76% to 5.48%
  • Reduced – 2 Yr Fixed  £0 product fee, 60% LTV, Min loan £5k, Max loan £2m, will be reducing from  5.13% to 4.88%
  • Reduced – 4.90% 5 Yr Fixed  £999 product fee, 90% LTV, Min loan £5k, Max loan £570k, will be reducing from  4.90% to 4.85%

Please see rate overview guide for information of all product changes.

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 (Monday 24 June) either using our Barclays systems or your preferred sourcing tool and must be submitted prior to the last application date Wednesday 3 July 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 Wednesday 3 July to secure a case booking and submit).

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