To celebrate the launch of our “Too big to miss” remortgage campaign,  we are pleased to confirm we are making some more competitive changes to our Residential ranges with new products effective tomorrow, Wednesday 12th September.

Existing products being reduced?

Residential

Available for Purchase and Remortgage      

  • 1.60% 2 Yr Fixed, £999 product fee, 60% LTV, Min loan £5,000, Max loan £1,000,000 will decrease to 1.49%
  • 1.60% 2 Yr Fixed, £999 product fee, 75% LTV, Min loan £5,000, Max loan £1,000,000 will decrease to 1.58%
  • 2.05% 5 Yr Fixed, £999 product fee, 75% LTV, Min loan £5,000, Max loan £1,000,000 will decrease to 1.96%

Reward range

Available for Rate Switch and Further Advance    

  • 1.59% 2 Yr Fixed, £999 product fee, 75% LTV will decrease to 1.57%
  • 2.04% 5 Yr Fixed, £999 product fee, 75% LTV will decrease to 1.95%

New product being launched?

Residential – Reward range

Available for Rate Switch and Further Advance  

  • 1.48%  2 Yr Fixed, £999 product fee, 60% LTV

These changes follow the positive changes made last week where we launched a highly competitive 5 year fixed rate…

Residential

Available for Purchase and Remortgage

  • 1.88% 5 Yr Fixed, £999 product fee, 60% LTV, Min loan £5,000, Max loan £1,000,000

Have you tried our new Online Rate Switch tool? Now available for all Residential and Buy to Let rate switch requests, our online tool allows you to submit rate switch applications more quickly and easily, directly from the Barclays Intermediary Hub, with no documentation or signed declarations required.

Key timings

  • Existing products withdrawn/Last case booking and last KFI: Tuesday 11th September, 2018
  • New products launching: Wednesday 12th September, 2018
  • Last application for rate switches (product transfers) Wednesday 12th September, 2018