Barclays is one of the largest and most successful banks in the world, serving more than 48 million private customers and businesses worldwide. Along with its mainstream banking service, Barclays also offers a complete portfolio of commercial services for corporate borrowers and investors. Mortgage loans available from Barclays include first-time buyer mortgages, remortgage loans, mortgages for moving home and specialist buy to let mortgages. Applicants can choose from a range of fixed, flexible and tracker mortgages, using the bank’s online mortgage calculator to assess affordability. Barclays’ size and scope enables the bank to leverage its position and buying power for the benefit of its customers, resulting in competitive mortgage rates that closely follow Bank of England base rates.
Assessing Mortgage Affordability
Establishing your budget when considering a mortgage application means taking into account all borrowing costs. Major High Street lenders like Barclays are known for publishing competitive mortgage rates, but it’s still important to factor in any other fees and charges payable. Examples of which may include arrangement fees, early repayment fees and so on – charged by many major banks and lenders.
At UK Property Finance, we strongly advise speaking to an independent broker, prior to submitting a mortgage application. Independent broker support will provide you with the opportunity to scour the UK market in its entirety to find the best possible loans to suit your needs. Whether you’re buying your first home, relocating or investing in a buy to let property, we’ll conduct a whole-of-market mortgage comparison on your behalf.
Mortgages for Poor Credit Applicants
If you’re concerned as to your eligibility for a conventional mortgage loan, you may find that major banks like Barclays are unable to help. Subprime mortgages – aka bad credit mortgages – have all but disappeared from the UK High Street. Unless you meet the strict qualification criteria of lenders like Barclays, you may be counted out of the running.
However, there’s an extensive network of specialist lenders that may be able to help – most of which cannot be found on the UK High Street. We work with dozens of dynamic mortgage specialists across the UK, who consider all applications by way of individual merit. Even if you’ve been turned down for a mortgage by a major bank like Barclays, there’s a strong chance we can still help.
Right to Buy Mortgage Advice
As experienced Right to Buy mortgage specialists, we know how to find unbeatable deals to suit all requirements and budgets. More importantly, we can guide you through the Right to Buy process and help you access a sizeable discount on your property (subject to eligibility). From start to finish, UK Property Finance will help you prepare, support and submit your Right to Buy mortgage application to ensure its success.
Use our online Right to Buy mortgage calculator for an indication of the options available or contact a member of the team at UK Property Finance for more information.
Buy to Let Mortgage Specialists
Our expertise in the buy to let market extends to all types of buy to let and let to buy mortgages for all purposes. From first-time buyers to established investors with extensive portfolios, we know how to find unbeatable deals from major high street and independent lenders across the UK.
As an independent broker, we can provide the objective advice you need to make a confident and informed decision. From flexible let to buy mortgages to commercial buy to let loans for established landlords, we are standing by to take your call. Check out our online mortgage calculators to get started, or call UK Property Finance for a free consultation.
Use our online mortgage calculator to explore the available options, or contact the team at UK Property Finance for more information.