We are expecting a vibrant remortgage market this autumn following August’s base rate increase. To support you and your clients, we are introducing some competitive new products as well as making some changes across our existing Residential, Buy to Let and Reward ranges.

Key changes:

  • Introducing a new suite of low fee products of £299
  • We’re increasing our Great Escape cashback feature from £200 to £300
  • We’re increasing the loan size cap on our 95% LTV products to £400k

Reward range reminder

Your existing Barclays mortgage clients continue to get access to our best deals, but the benefits have recently changed. Discounted rates have replaced discounted fees across our £5k-£2m Reward range, so it’s well worth taking a look to see how you can Reward your Barclays mortgage clients.

Remember – with our new online rate switch tool you can now submit applications more quickly and easily from the Barclays Intermediary Hub with no documentation or signed declarations required.

Key timings

  • Existing products withdrawn/Last case booking and last KFI: Wednesday 29th August, 2018
  • New products launching: Thursday 30th August, 2018
  • Last application for rate switches (product transfers): Thursday 30th August, 2018
  • Last applications on existing products: Friday 7th September, 2018

Please see below for full details of all products that are changing including withdrawals and rate increases to our fee free range.

What new products are we introducing?

Residential

Purchase and Remortgage   

  • 1.70% 2 Yr Fixed, £299 product fee, 60% LTV, Min loan £5,000, Max loan £1,000,000
  • 2.03% 2 Yr Fixed, £299 product fee, 90% LTV, Min loan £5,000, Max loan £400,000
  • 2.03% 5 Yr Fixed, £299 product fee, 60% LTV, Min loan £5,000, Max loan £1,000,000
  • 2.45% 5 Yr Fixed, £299 product fee, 90% LTV, Min loan £5,000, Max loan £400,000

Reward

  • 1.69% EMC Reward 2 Year Fixed, £299 product fee, 75% LTV
  • 1.99% EMC Reward 2 year Fixed, £299 product fee, over 75% LTV
  • 1.99% EMC Reward 5 Year Fixed, £399 product fee, 60% LTV
  • 2.09% EMC Reward 5 Year Fixed, £399 product fee, 75% LTV
  • 2.40% EMC Reward 5 Year Fixed, £399 product fee, over 75% LTV

What products are we reducing?

Residential

Reward range

  • Our 2.23% EMC Reward 5 Year Fixed, £0 product fee, 75% LTV, will decrease to 2.19%
  • Our 2.18% EMC Reward 3 Year Fixed, £0 product fee, 85% LTV, will decrease to 2.13%

Buy to Let

Purchase and remortgage

  • Our 1.55% 2 Yr Fixed, £1950 product fee, 60% LTV, Min loan £35,000, Max loan £1,000,000 will decrease to 1.50%
  • Our 2.68% Premier 2 Yr Fixed, £0 product fee, 75% LTV, Min loan £35,000, Max loan £1,000,000 will decrease to 2.65%
  • Our 1.91% 2 Yr Fixed, £1950 product fee, 75% LTV, Min loan £35,000, Max loan £1,000,000 will decrease to 1.79%
  • Our 2.72% 2 Yr Fixed, £0 product fee, 75% LTV, Min loan £35,000, Max loan £1,000,000 will decrease to 2.66%
  • Our 2.24% Premier 5 Yr Fixed, £1950 product fee, 60% LTV, Min loan £35,000, Max loan £2,000,000 will decrease to 2.18%
  • Our 2.25% 5 Yr Fixed, £2450 product fee, 60% LTV, Min loan £500,000, Max loan £2,000,000 will decrease to 2.19%
  • Our 2.25% 5 Yr Fixed, £1950 product fee, 60% LTV, Min loan £35,000, Max loan £500,000 will decrease to 2.19%
  • Our 2.74% 5 Yr Fixed, £1950 product fee, 75% LTV, Min loan £35,000, Max loan £1,000,000 will decrease to 2.57%

Buy to Let Reward range

  • Our 1.55% EMC Reward BTL 2 Year Fixed, £1800 product fee, 65% LTV, will decrease to 1.50%
  • Our 1.91% EMC Reward BTL 2 Year Fixed, £1800 product fee, 75% LTV, will decrease to 1.79%
  • Our 2.69% EMC Reward BTL 5 Year Fixed, £1800 product fee, 75% LTV, will decrease to 2.57%

What products are being withdrawn and not replaced?

Residential

Purchase

  • Our 3.64% 2 Yr Fixed, £999 product fee, 95% LTV, Min loan £5,000, Max loan £250,000
  • Our 3.84% 2 Yr Fixed, £0 product fee, 95% LTV, Min loan £,5000, Max loan £250,000
  • Our 3.94% 2 Yr Fixed, £0 product fee, £500 cashback, 95% LTV, Min loan £5,000, Max loan £250,000
  • Our 4.24% 5 Yr Fixed, £499 product fee, 95% LTV, Min loan £5,000, Max loan £175,000
  • Our 4.74% 5 Yr Fixed, £0 product fee, 95% LTV, Min loan £5,000, Max loan £175,000

Reward                                                    

  • Our 1.59% EMC Reward 2 Year Fixed, £999 product fee, 60% LTV
  • Our 1.89% EMC Reward 2 Year Fixed, £0 product fee, 60% LTV
  • Our 1.84% EMC Reward 3 Year Fixed, £999 product fee, 75% LTV
  • Our 2.13% EMC Reward 3 Year Fixed, £0 product fee, 75% LTV
  • Our 2.37% EMC Reward 5 Year Fixed, £999 product fee, over 85% LTV
  • Our 2.15% EMC Reward 5 Year Fixed, £0 product fee, 60% LTV
  • Our 1.88% EMC Reward 2 Year Fixed, £999 product fee, over 85% LTV

Which existing products are changing?

Residential

Purchase   

  • Our 1.92% 2 Yr Fixed, £0 product fee, 60% LTV, Min loan £5,000, Max loan £500,000 will increase to 1.97%
  • Our 1.96% 2 Yr Fixed, £0 product fee, 75% LTV, Min loan £5,000, Max loan £500,000 will increase to 1.99%
  • Our 3.34% 2 Yr Fixed, £999 product fee, 95% LTV, Min loan £5,000, Max loan now £400,000
  • Our 3.50% 2 Yr Fixed, £0 product fee, 95% LTV, Min loan £5,000, Max loan now £400,000
  • Our 3.64% 2 Yr Fixed, £0 product fee, £500 cashback, 95% LTV, Min loan £5,000, Max loan now £400,000
  • Our 4.04% 5 Yr Fixed, £499product fee, 95% LTV, Min loan £5,000, Max loan now £400,000
  • Our 4.14% 5 Yr Fixed, £0 product fee, 95% LTV, Min loan £5,000, Max loan now £400,000

Remortgage

  • Our 1.90% Great Escape™ 2 Yr Fixed, £0 product fee, 60% LTV, Min loan £50,000, Max loan £500,000 will increase to 1.97%, cashback will increase from £200 to £300
  • Our 1.94% Great Escape™ 2 Yr Fixed, £0 product fee, 75% LTV, Min loan £50,000, Max loan £500,000 will increase to 1.99%, cashback will increase from £200 to £300
  • Our 2.14% Great Escape™ 2 Yr Fixed, £0 product fee, 85% LTV, Min loan £50,000, Max loan £500,000 cashback will increase from £200 to £300
  • Our 2.15% Great Escape™ 5 Yr Fixed, £0 product fee, 60% LTV, Min loan £50,000, Max loan £500,000 will increase to 2.20%, cashback will increase from £200 to £300
  • Our 2.24% Great Escape™ 5 Yr Fixed, £0 product fee, 75% LTV, Min loan £50,000, Max loan £500,000 cashback will increase from £200 to £300
  • Our 2.45% Great Escape™ 5 Yr Fixed, £0 product fee, 85% LTV, Min loan £50,000, Max loan £500,000 cashback will increase from £200 to £30

    Reward range      

  • Our 1.92% EMC Reward 1 Year Fixed, £0 product fee, 75% LTV, will increase to 1.96%
  • Our 1.93% EMC Reward 2 Year Fixed, £0 product fee, 75% LTV, will increase to 1.97%
  • Our 2.38% EMC Reward 5 Year Fixed, £0 product fee, 85% LTV, will increase to 2.44%
  • Our 2.73% EMC Reward 10 Year Fixed, £0 product fee, 60% LTV, will now be available at 75% LTV

Buy to Let

Reward range      

  • Our 2.59% EMC Reward BTL 5 Year Fixed, £0 product fee, 65% LTV, will increase to 2.63%