Barclays is one of the traditional "big four" UK banks. In 2000 Barclays bought The Woolwich, which enabled the bank to make major inroads into the UK mortgage market.
Through the Woolwich brand, Barclays offers a wide range of competitive mortgages giving you the opportunity to borrow extra cash if required. It also promises that any paperwork will be kept to an absolute minimum.
Barclays Offset Mortgages
The Barclays Offset Mortgage links your mortgage to your current or savings account. It features either no legal fees or £200 cashback. There is a £595 application fee.
This kind of mortgage could be great news for some, as it can trim years off your mortgage along with thousands in interest. But it might not be for everyone: we suggest talking to an impartial mortgage expert to find out if it's the right deal. Your financial circumstances need checking thoroughly to see whether offsetting makes sense.
Barclays Remortgages
Barclays remortgages are branded Woolwich "Switch & Save" mortgages and are available up to 95% loan-to-value. There are many different deals in the range.
If you only need to remortgage up to 60% of the market value of your property, you can take advantage of the Lifetime Tracker, at only 0.59% above base rate, and with no application fee.
Choosing a Barclays Mortgage
If you are considering taking out a mortgage soon, we do suggest you speak to a mortgage specialist before taking the plunge. It's risk-free to get this help. They can compare Barclays and Woolwich mortgages to other leading mortgages on the market — so that you end up with the very best deal for your needs.
Fill out the secure enquiry form to get a free call back from an unbiased mortgage adviser. You'll get a quote, representative of the whole of market, with no strings attached.