Barclays Fixed Rate Mortgages

Barclays Fixed Rate Mortgages

Barclays offer 3 fixed-rate mortgages where you pay an agreed rate for a set period of time, regardless of changes in the Bank of England base rate. There are draw backs with fixed rate mortgages and one of the main ones is that it does not track the Bank of England base rate, therefore if the base rate is reduced most mortgage companies reduce their variable rate mortgages - fixed rate mortgages of course do not go down.

The 2, 5 and 10 year fixed-rate mortgages enables you to borrow between 75% and 90% of the value of your new property.

Barclays' 2 & 5 year fixed-rate mortgages enable you to make overpayments of up to 10% during the fixed-rate period, and you can make overpayments of 5% on the 10 year mortgage.

Once the fixed-rate period is over the Barclays fixed rate mortgage reverts to a competitive rate.

Barclays has a wide selection of mortgages to suit (hopefully) every individual and also provide a range of variable and discount rate mortgages, giving you the opportunity to borrow extra cash if your circumstances require it and promises that the complicated and time-consuming paper work will be kept to an absolute minimum.

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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..