Customers say
★★★★★
Customer satisfaction
★★★★★
Customer satisfaction
Usually has competitive rates and customers cite the "organised" service
Does not always rate highly for complaint handlingBarclays mortgages review, with rates and fees comparison
Barclays offers a range of fixed and variable rate mortgages that could be suitable for you.
Usually has competitive rates and customers cite the "organised" serviceDoes not always rate highly for complaint handlingWhat's in this review?
Barclays is a British multinational banking and financial services company headquartered in London. It is a universal bank with operations in retail, wholesale and investment banking, as well as wealth management, mortgage lending and credit cards. The company has around 22 million retail customers and almost one million business banking clients in the UK.
Whether you’re buying your first home, remortgaging, moving home or looking to buy a second property, Barclays has something to offer to everyone. You can reach out to Barclays support online, over the phone or in-branch to calculate how much you could afford to borrow and get your mortgage questions answered.
Compare Barclays mortgage rates
Barclay’s buy-to-let mortgage rates
Overall representative example
If you borrow £170,000 over a 25-year term at 1.75% p.a. (fixed) for 62 months reverting to 4.74% p.a. (variable) for the remaining term, you would make 62 monthly payments of £700.04 and 238 monthly payments of £912.95. The total payable would be £261,424.58, which includes interest of £90,685 and a product fee of £495. The overall cost for comparison is 3.6% APRC representative.
If you borrow £170,000 over a 25-year term at 1.75% p.a. (fixed) for 62 months reverting to 4.74% p.a. (variable) for the remaining term, you would make 62 monthly payments of £700.04 and 238 monthly payments of £912.95. The total payable would be £261,424.58, which includes interest of £90,685 and a product fee of £495. The overall cost for comparison is 3.6% APRC representative.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.
Lender profile
- Barclays is one of the ‘big five’ British banks and among the most commonly-used mortgage lenders.
- The bank offers one of the most diverse ranges of mortgages, including several aimed at first-time buyers or those looking to borrow into retirement.
What types of mortgages can I get with Barclays?
- Fixed rate
- Remortgages
- Tracker
- Offset
- Buy-to-let
- Shared ownership
A fixed-rate mortgage provides certainty as your interest rate will remain locked for a set amount of time.
You can switch your existing mortgage to Barclays via one of its remortgage products.
With a tracker mortgage, your interest rate fluctuates based on the Bank of England base rate.
With an offset mortgage, you can use the money in your savings account to offset your mortgage interest.
You’ll need a buy-to-let mortgage if you’re looking to borrow money for a second property to let out.
With shared ownership, you can purchase a percentage of the property, while paying rent on the rest. You can apply to purchase additional percentages of the property as and when you can afford it.
How to apply
You can apply for a Barclays mortgage via the Barclays website, in one of its branches or by calling 0800 197 1081.
What information is needed to apply?
You’ll need to provide personal details, proof of income, previous bank statements and previous address history among other information.
Eligibility criteria
The minimum age for taking out a Barclays mortgage is 18, or 21 for buy-to-met mortgages. You’ll need to be younger than 70 before the mortgage term ends.
If you’re employed, you’ll need to have worked for the same employer for at least three months, and in work continuously for at least 18 months.
Compare Barclays using a mortgage broker
There are huge benefits to using a mortgage broker to help you get the right deal. They will do all of the hard work and research for you. They are experts in comparing the hundreds of loans and lenders out in the market based on your individual needs and eligibility, so you won’t have to worry about being forced into a deal. Your broker will also negotiate with your chosen lender on your behalf to make sure you are getting the right deal for your circumstances.
L&C work with over 90 different mortgage lenders, including Barclays, giving you a great opportunity to compare different mortgage deals in the market. To apply for a mortgage through L&C click the link below.
London and Country Mortgage Experts
L&C is a specialist broker offering mortgage comparison & free advice.
- Compare over 80 mortgage lenders
- Fee FREE mortgage advice
- Personal customer service from start to finish
- Open 7 days a week
The finder.com mortgage service is provided by London & Country Mortgages (L&C). Beazer House, Lower Bristol Road, Bath BA2 3BA.
L&C are authorised and regulated by the Financial Conduct Authority (reg no. 143002). Please note the FCA does not regulate most Buy to Let mortgages.
L&C are authorised and regulated by the Financial Conduct Authority (reg no. 143002). Please note the FCA does not regulate most Buy to Let mortgages.
Frequently asked questions
Find a mortgage using a broker to compare the market
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L&C
The UK's largest fee-free mortgage broker & adviser. No hidden costs. L&C compares rates from over 80 lenders.Mortgage ratings
★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor
Our customer satisfaction scores (“Customers say”) are based on a survey of 750 customers carried out in December 2019.
We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.
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