UK mortgages
Fixed rate mortgages and variable rate mortgages, with Barclays Wealth International
From penthouse apartments to rural retreats, finding a place you want to buy is one matter, but getting the right mortgage in the UK is another. Barclays Wealth International's mortgage broker service offers a wide range of UK mortgage options.
You may require a specific type of mortgage because of your reason for purchasing the property. For instance, if you wish to buy a property to rent out to others and provide an income, a buy-to-let mortgage is required. Whatever your needs, Barclays Wealth International can provide mortgage advice to ensure the deal is right for your purposes.
Being an international bank we can go one step further and offshore your UK mortgage.
What you pay for a UK mortgage depends on a range of factors. The primary one is the base or 'repo' rate set by the Bank of England each month. But a number of other variables play their part in the deals on offer such as the size and strength of the lender.
Buying your main home, a second home or even investment property with a view to enhancing your income by renting it out can be done through the range of UK mortgages offered by Barclays Wealth International. Our terms mean that loans of up to 85% may be available.
Mortgages can be on a repayment basis where you are paying off the capital sum borrowed over the term, or interest-only. In the latter case, you have to repay the capital sum at the end of the term and we can advise on the means of repayment such as investments.
Apply for a Barclays Wealth International account and see how our mortgage services can help you.
You can also call us on +44 (0)1624 684 305†, or use our call back service.
Fixed mortgage rate
The benefit of a fixed mortgage rate is the certainty of monthly repayments however long the term. In most cases this will be two to five years although on occasion, longer terms are offered. These mortgages are offered on both a repayment and an interest-only basis. We can help you to compare UK mortgage rates as well as advising on the best UK mortgage for you.
Variable rate mortgage
The interest rate paid on variable rate mortgages is broadly aligned with UK base rate movements. When rates are falling, variable rate mortgages can appear more attractive than the fixed rate loans on offer, and the opposite when rates are rising. However, they will tend to offer more flexibility than fixed rate loans.
UK remortgage
You may find that your current mortgage no longer meets your needs. For instance, you may want to release some of the equity in your property while not wishing to sell it. This could be to fund an extension or refurbishment. In both cases we can advise on and arrange a UK remortgage for you to release the cash.
UK mortgage insurance
Protecting your home requires more than strong doors and locks as well as buildings and contents insurance. For instance, what happens if you happen to fall ill and temporarily lose income? We can arrange UK mortgage insurance to cover repayments.
Apply for a Barclays Wealth International account before you move to the UK.
You can also call us on +44 (0)1624 684 305†, or use our call back service.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
If your loan is denominated in a currency other than sterling CHANGES IN THE EXCHANGE RATE MAY INCREASE THE STERLING EQUIVALENT OF YOUR DEBT.
Terms and conditions apply to all mortgage products. We strongly recommend that you obtain your own independent tax advice before proceeding with an offshore mortgage.
Barclays Wealth will require a first charge over the property.
Barclays Wealth is a responsible lender and when considering your application for borrowing, your financial circumstances will be appraised. Remember should you run into difficulties please contact us immediately.
† Lines are open 7am to 8pm weekdays and 8am to 5pm weekends and UK bank holidays, local time. Call charges may vary. Please check with your local telecoms provider. Calls may be recorded for training and security purposes.
The products and services described on this page are provided by the following companies, which are part of Barclays Wealth: Barclays Bank PLC in England and Wales, Barclays Private Clients International (Gibraltar) Limited in Gibraltar and Barclays Private Clients International Limited in the Isle of Man, Jersey and Guernsey. For further information on these companies and Barclays Wealth please read the Important Information.
Products and services on this site may not be available in certain jurisdictions. In particular, these products and services are not being offered in Japan or the United States or to US residents. For full details of exclusions and disclaimers please see the Important Information before proceeding. Each Barclays Wealth company reserves the right to make a final determination on whether or not you are eligible for any particular product or service.
