Early booking for clients with rates ending on 31 October

Mortgage

An update from Barclays​

Article date: 18/06/2019


You can currently support your clients to secure and book a new rate up to 90 days in advance of their current Barclays mortgage rate ending, however, please be advised we’re extending this to 150 days for your clients whose Barclays mortgage rate expires on 31st October 2019.

What does this mean for you?


The extended booking period means you’re now able to assist your clients with a Barclays mortgage rate ending on 31st October 2019, who are looking to you to provide the assurance of securing them a new rate now.

Note: When you book a new rate in advance, we’ll apply the new rate to take effect as soon as your client’s existing rate ends on the 1st November.

Who is eligible for the extended booking period?
The extended 150 days booking window is open now for your clients with a Barclays mortgage product expiring on 31st October 2019.

Note: The extended window is only available on a trial basis, and the standard 90 days continues to apply for rates that don’t expire on 31st October.

What rates are available for product transfers?
Rates from our preferential Reward range are exclusively available to existing Barclays mortgage customers for product transfers and further borrowing.

Note: We’ve also recently extended the end dates on our fixed Reward rates to 31st October too.

Click here to view our Reward range

How can I apply?
You can apply quickly and easily using our online rate switch tool with no documentation or signed declarations required.

Available for both Residential and Buy to Let applications, the easy to use tool is located within the tools section of the Barclays Intermediary Hub.

Please contact your Barclays Support Team if you have any questions.

Thank you for your support.

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