Read about the latest mortgage news with deals and offers from Barclays Bank
It has emerged this week that Barclays is under investigation as US and UK regulatory bodies probe suspected improper conduct in an alleged rigging of the benchmarking of the interbank lending rate. This rate, the LIBOR, is used as a reference point for $350,000 billion in financial products. Read more
Those borrowers who are looking to take advantage of the sustained low Bank of England base rate of 0.5%, but are worried about future raises and want some sort of protection from them should look at capped mortgages. Read more
In a typically and somewhat predictable move, the bankrupt US lender; Thornburg Mortgages Inc and its trustees is suing Barclays, Royal Bank of Scotland and Goldman Sachs. These are just a few of the top banks being sued for close to $2.2 billion (£1.3 billion). Read more
Which banks and lenders came out of the Independent Commission of Banking’s preliminary review best, which came out worse and what is the impact on your bank. Barclays and RBS were the stand out winners and the unfortunate Lloyds Banking Group; the biggest looser. Read more
It has emerged this week that Barclays is under investigation as US and UK regulatory bodies probe suspected improper conduct in an alleged rigging of the benchmarking of the interbank lending rate. This rate, the LIBOR, is used as a reference point for $350,000 billion in financial products. Read more
UK Banking giants HSBC and Barclays are going head to head to take the lions share of the UK mortgage market. Both banks weathered the financial crisis well unlike many of their rivals which has given them a good footing and the resources to take on more mortgage customers. Read more
Barclays, who recently celebrated hitting £100 billion in mortgage lending has launched a new product for borrowers on the standard variable rate (SVR).
At the start of the month, Barclays mortgage brand Woolwich celebrated increasing its mortgage holding by almost 50%. Over the past three years they increased their holding from £56 billion to around £100 billion in home loans. Read more
Well over 100,000 home owners will see their mortgage end from now until Christmas and will be looking for a deal. When their mortgage expires they will be moved onto less attractive standard variable rates (SVR). Many borrowers are already looking for a good deal ahead of their mortgage term coming to an end. Read more
Barclays bank, under its Woolwich brand has launched a new ‘Switch and Fix’ product that will allow all its customers to move from a tracker mortgage to a fixed rate mortgage without incurring an early repayment charge. Read more