Private Bank UK Mortgage Products 1 UK Mortgage Products
s effective from 27 th July 2018 This product range is only available to Barclays Private Bank clients. This rate sheet is for information only and does not constitute a Personalised Key Facts Illustration. Representative Example A capital and interest mortgage of 2,000,000 payable over 10 years initially on a fixed rate of 2.09% for 2 years and then our tracker rate at 3.49% above the Bank of England Base (currently 0.50%) for the remaining term would require 24 monthly payments of 18,575.83 and 96 monthly payments of 19,990.06. The total amount payable would be 2,365,140.68 made up of the loan amount plus interest and 10,000 (product fee, added to loan), 275 (final repayment charge). The overall cost for comparison is 3.40% APRC representative. 2 UK Mortgage Products
Terms of Reference APRC Annual Percentage of is the total cost of credit to the consumer, expressed as an annual percentage of the total amount of credit Bank of England Base Bank of England Base means the Bank of England Official Bank (or the equivalent rate set by any central bank or monetary authority which replaces the Bank of England). If at any time, that rate is less than zero, the Bank of England Base shall be deemed to be zero. Fixed rates explained A fixed rate interest rate remains the same during the fixed period of the loan. After the fixed period, our fixed rates revert to Bank of England Base plus a margin. This gives you the peace of mind that your monthly repayment will stay the same for the fixed period, as long as payments are made for the correct amount and on time Tracker rates explained All base rate trackers are linked to the Bank of England Base As it is linked to a rate, your monthly repayments may increase as well as decrease LTV LTV stands for loan to value. It represents the maximum percentage of the property value we are willing to provide a mortgage for Valuations Where a property does not meet the anticipated valuation and the maximum LTV is exceeded, a new product may be chosen from the current range offered at the time of the down valuation, not the range available at application An may apply in certain circumstances 3 UK Mortgage Products
Tracker rate products Unless specified, available to first time buyers, home movers, existing customers and remortgagors 6 Month Tracker at 2.05% for 6 Months 1.25% for 2 Years 1.85% for 2 Years 5 Year Tracker at 1.49% for 5 Years 5 Year Tracker at 2.00% for 5 Years Lifetime Tracker at Bank of England Base + 2.20%* for term 5m 2.55% 10m 1.75% 5m 2.35% 10m 1.99% 5m 2.50% Follow On which is Product Fee (% of LTV^ 3.9% APRC NA 85% None 3.3% APRC 0.50% 75%^ None 3.5% APRC 0.50% 85% None 2.6% APRC 0.50% 75%^ None 3.0% APRC 0.50% 85% None 10m 2.70% None 2.8% APRC 0.50% 75%^ None Bank of England Base is currently 0.50%. ^ Note: a maximum 70% LTV applies to remortgage applications above 5m. * Lifetime Tracker is only available for mortgages up to a maximum 10-year term. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. 4 UK Mortgage Products
Fixed rate products Unless specified, available to first time buyers, home movers, existing customers and remortgagors Follow On which is Product Fee (% of LTV^ 10m 1.94% 3.4% APRC 0.50% 75% 5m 2.09% 3.4% APRC 0.50% 85% 10m 2.79% 3.2% APRC 0.50% 75% 5m 2.84% 3.3% APRC 0.50% 85% Bank of England Base is currently 0.50%. ^ Note: a maximum 70% LTV applies to remortgage applications above 5m. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. 5 UK Mortgage Products
switch products Unless specified, available to existing customers only Tracker rate products Follow On which is Product Fee (% of LTV^ 6 Month Tracker at 2.05% for 6 Months 5m 2.55% 3.9% APRC NA 85% None 1.25% for 2 Years 10m 1.75% 3.3% APRC 0.40% 75%^ None 1.85% for 2 Years 5m 2.35% 3.5% APRC 0.40% 85% None 5 Year Tracker at 1.49% for 5 Years 10m 1.99% 2.6% APRC 0.40% 75%^ None 5 Year Tracker at 2.00% for 5 Years 5m 2.50% 3.0% APRC 0.40% 85% None Lifetime Tracker at Bank of England Base + 2.20%* for term 10m 2.70% None 2.8% APRC 0.40% 75%^ None Bank of England Base is currently 0.50%. ^ Note: a maximum 70% LTV applies to remortgage applications above 5m. * Lifetime Tracker is only available for mortgages up to a maximum 10-year term. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. 6 UK Mortgage Products
switch products Unless specified, available to existing customers only Fixed rate products Follow On which is Product Fee (% of LTV 10m 1.94% 3.4% APRC 0.40% 75% 5m 2.09% 3.4% APRC 0.40% 85% 10m 2.79% 3.2% APRC 0.40% 75% 5m 2.84% 3.2% APRC 0.40% 85% Bank of England Base is currently 0.50%. ^ Note a maximum 70% LTV applies to remortgage applications above 5m. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. 7 UK Mortgage Products
Buy to let mortgages An investment mortgage for individuals looking to purchase a property and rent out Tracker rate products Follow On which is Product Fee (% of LTV 1.94% for 2 Years 1m 2.44% 3.6% APRC 1% 75% None 1.94% for 2 Years 3m 2.44% 3.6% APRC 1% 60% None Fixed rate products Follow On which is Product Fee (% of LTV 1m 2.65% 3.8% APRC 1% 75% 3m 2.65% 3.8% APRC 1% 60% 1m 2.99% 3.5% APRC 1% 75% 3m 2.99% 3.5% APRC 1% 60% PROPERTY INVESTMENT IS LONG-TERM AND INVOLVES RISK. PROPERTY PRICES CAN FALL IN VALUE AS WELL AS RISE. IF YOU FAIL TO KEEP UP WITH THE REQUIRED PAYMENTS ON A MORTGAGE FOR AN INVESTMENT PROPERTY, THE PROPERTY MAY BE REPOSSESSED OR A RECEIVER OF RENTS APPOINTED. 8 UK Mortgage Products
Important Information for our residential mortgage products Applications are subject to status and a minimum age of 18 Mortgages are subject to valuation (the maximum loan-to-value for purchases and remortgages and for additional borrowing is 85%, subject to product and lending criteria) A first charge over your property is required You are strongly recommended to have life assurance in place to cover the full amount that you may borrow from us under the facility The mortgage is available on an interest-only and/or repayment basis, subject to lending criteria. For interest-only mortgages please note your mortgage payments will not repay the capital amount, so the full amount you originally borrowed will still be outstanding at the end of the mortgage term It is your responsibility to have arrangements in place to ensure your interestonly mortgage is in full at the end of the mortgage term. Mortgages must normally be by the time you retire or reach the age of 75 years (whichever is sooner) and are not available for business purposes s and interest rates may vary and are correct at the time of going to print. All products are subject to availability and may be changed or withdrawn at any time without notice. Unless specified, mortgage rates are available for loans from 5,000 to 10 million. s over 10 million are only available on tracker rates and priced on a case by case basis. To check the latest rates, please speak to your mortgage adviser. 9 UK Mortgage Products
Barclays offers private and overseas banking, credit and investment solutions to its clients through Barclays Bank PLC and its subsidiary companies. Barclays Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority and is a member of the London Stock Exchange and NEX. Registered in England. Registered No. 1026167. Registered Office: 1 Churchill Place, London E14 5HP. Item Ref: IBIM58040 March 2018.