Barclays Discount Mortgages

Barclays Discount Mortgages

Barclays is one of the top 5 banks in the UK.

A Barclays Discount tracker mortgage should be considered if you are a first-time buyer or recent graduate looking for a mortgage as it enables you to make low initial repayments on your mortgage.

It does restrict people to a maximum loan-to-value rate of 75 %.

The Barclays Discount mortgage tracks below the Bank of England base rate for 2 years, before moving over to a higher rate for the rest of the mortgage term.

The Barclays Discount mortgage has an application fee and early repayment charges of 1% of the balance repaid for two years.
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THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT
 By submitting this form you are consenting to your information being passed to an associate of Okoza who may contact you. This information may be used by us or selected partners to advise you of other useful products or services that we feel you would be interested in. Our service is free to you but to operate this service we receive fees from the lenders or brokers we refer you to. There may be a fee for mortgage advice. The adviser is obliged to disclose to you the fee before providing the advice and the precise amount will depend upon your circumstances. We estimate that a typical fee will be 1% of the sum you borrow..