Hi Tim

On Tuesday 15 November, we will be introducing a selection of new and competitive remortgage products available for a limited period, aimed at providing you and your clients with peace of mind with some of the best rates available at present, combined with a variety of extra benefits.

These rates are available for a limited time only, and will be withdrawn after 31 December, 2016 (or until stock lasts).

Existing Barclays mortgage customers will benefit further, with introductions and reductions across the Reward Range, including our 1.65% 2 Year Fixed @ 65% LTV and 2.45% 5 Year Fixed @ 80% LTV, available for rate switch and further advance only.

Our remortgage products offer a variety of benefits, including free valuations, free legals and £250 cashback.

A complete list of benefits can be found below. And, with a speed-to-offer of just 2 minutes achieved in October, you are sure to get your cases through in no time.

We are reducing

 

2 Year BTL Great Escape (Remortgage only)

  • 2.95% 2 Year Fixed, 65% LTV, £0 fee, reduced by 4bps (min £35k – max £250k)

Reward Range (Rate Switch & Further Advance)

  • 1.65% 2 Year Fixed, 65% LTV, £0 fee, reduced by 13bps
  • 1.84% 2 Year Fixed, 80% LTV, £0 fee, reduced by 4bps
  • 2.45% 5 Year Fixed, 80% LTV, £0 fee, reduced by 3bps

We are introducing

 

2 Year Great Escape (Remortgage only)

  • 1.69% (BBBR+1.44%) 2 Year Tracker, 50% LTV, £0 fee (min £50k – max £250k)
  • 1.65% 2 Year Fixed, 50% LTV, £0 fee (min £50k – max £250k)
  • 1.84% 2 Year Fixed, 75% LTV, £0 fee (min £50k – max £250k)

5 Year Great Escape (Remortgage only)

  • 2.15% 5 Year Fixed, 50% LTV, £0 fee (min £50k – max £250k)
  • 2.45% 5 Year Fixed, 75% LTV, £0 fee (min £50k – max £250k)

Reward Range (Rate Switch & Further Advance)

  • 2.15% 5 Year Fixed, 65% LTV, £0 fee (min £5k – max £1.5m)
  • 1.69% (BBBR+1.44%) 2 Year Tracker, 65% LTV, £0 fee (min £5k – max £1.5m)

We are withdrawing

 

2 Year (Remortgage only)

 

  • 1.89% 2 Year Fixed (Great Escape), 70% LTV, £0 fee
  • 1.85% 2 Year Fixed BTL, 50% LTV, £1,990 fee

5 Year Great Escape (Remortgage only)

 

  • 2.49% 5 Year Fixed, 70% LTV, £0 fee

 

When is this happening?

 

The withdrawal process is detailed below:

  • Products will be withdrawn/last KFI/ last case booking: Monday 14 November, 2016
  • New products will be available: Tuesday 15 November, 2016
  • Last applications: Wednesday 23 November, 2016

 

Rate sheets will be updated and available online from Tuesday 15 September, 2016.

SVR Market Comparison

Check today to see how your client could save money and provide long-term peace of mind by remortgaging them fees-free to Barclays.

Click here download our useful guidance tool, and capitalise on the upcoming maturities.

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