Barclays is reducing its affordability stress rate for residential mortgages by 25bps (0.25%) for general residential cases, including Help to Buy Equity Loan (HTB1), which will improve residential mortgage affordability for your clients.
The new affordability stress rate will sit at 6.74%, and will take place with immediate effect. The new stress rate will also be applied to background residential properties as part of the BTL affordability assessment.
Click the button below to start using our affordability calculators.
Using a Satnav?
Please use postcode: B93 0NN to locate the office when visiting.
Testimonials
Like the friendly can do approach, keep it up!
Michael McGuiness, Adviser
My experience with TRM so far has been excellent I can’t tell you how much you guys have lifted me since March. The positive approach shown by everyone to get the business on and to get the commission paid is up lifting. What a breath of fresh air, great Network and fantastic positive attitude.
Andrew Smith, Adviser
You are a wake up call to this market and a revelation compared to my previous network.