Barclays mortgages launches new overseas website

Barclays mortgages has launched a new overseas website for mortgage intermediaries.

Barclays has provided the first UK website that provides the intermediary market with bespoke online tools to advise their clients on the overseas mortgage market. The site also allows/sells euro mortgages in Italy, Portugal, Spain and France.

Barclays, one of the UK's largest mortgage providers, launched www.barclays.com/buyingabroad-intermediaries in March 2007 that is designed to make it easier for intermediaries working in the overseas mortgage market.

Buying property overseas has become more and more popular with British people over the last few years and selling overseas mortgages can provide an additional income source for many intermediaries.

The Barclays European business development manager, Suzanne Clay, said, "Barclays sees intermediaries as a key channel for our overseas mortgage products. This online service reinforces our position as a leading player and will enable us to capture a greater share of the overseas mortgage market. "The website underpins this strategy through providing intermediaries with a comprehensive and straight forward online facility where they can access a wide range of mortgage products in four of the top markets for overseas buyers. We also believe the site will encourage intermediaries to open a dialogue with their clients and discuss all financial options available including euro mortgages and other overseas services."