Barclays Mortgage Rates for Existing Customers

Barclay's mortgage rates for existing customers in the UK currently features products available in 2, 3, 5, 7, and 10-year terms. See which mortgage rates may work best for your situation!

Barclays Mortgage Rates for Existing Customers

Check back weekly or favourite this page to keep an eye on the ever-changing rates. The table below is updated as of June 19, 2024 and rates are subject to change.

Barclays mortgage rates for existing customers – 2-year term

COMPANY TYPE TERM INITIAL RATE THE OVERALL COST FOR COMPARISON IS PRODUCT FEE LOAN TO VALUE (LTV)
BARCLAYS Existing Residential Mortgage Customers Reward Fixed 2 years 4.75% 8.2 APRC £999.00 60%
BARCLAYS Existing Residential Mortgage Customers Reward Fixed 2 years 4.98% 8.1 APRC £0.00 60%
BARCLAYS Existing Residential Mortgage Customers Reward Fixed 2 years 4.90% 8.2 APRC £999.00 75%
BARCLAYS Existing Residential Mortgage Customers Reward Fixed 2 years 5.07% 8.2 APRC £0.00 75%
BARCLAYS Existing Residential Mortgage Customers Reward Fixed 2 years 5.65% 8.4 APRC £999.00 85%
BARCLAYS Existing Residential Mortgage Customers Reward Fixed 2 years 5.83% 8.3 APRC £0.00 85%
BARCLAYS Existing Residential Mortgage Customers Reward Fixed 2 years 6.07% 8.4 APRC £0.00 Over 85%
BARCLAYS Existing Residential Mortgage Customers Reward Tracker 2 years 5.39% 8.3 APRC £999.00 60%
BARCLAYS Existing Residential Mortgage Customers Reward Tracker 2 years 5.74% 8.3 APRC £0.00 60%
BARCLAYS Existing Residential Mortgage Customers Reward Tracker 2 years 5.61% 8.4 APRC £999.00 75%
BARCLAYS Existing Residential Mortgage Customers Reward Tracker 2 years 5.75% 8.3 APRC £0.00 75%
BARCLAYS Existing Residential Mortgage Customers Reward Tracker 2 years 6.11% 8.4 APRC £99.00 80%
BARCLAYS Existing Residential Mortgage Customers Reward Tracker 2 years 5.71% 8.4 APRC £999.00 90%
BARCLAYS Existing Residential Mortgage Customers Reward Tracker 2 years 6.45% 8.5 APRC £0.00 90%
BARCLAYS Existing Residential Mortgage Customers Reward Offset Tracker 2 years 6.47% 8.7 APRC £1749.00 80%
BARCLAYS Existing Residential Mortgage Customers Reward Fixed 2 years 4.66% 8.1 APRC £1999.00 70%
BARCLAYS Existing Residential Mortgage Customers Reward Tracker 2 years 5.60% 8.3 APRC £1999.00 70%
BARCLAYS Existing Residential Mortgage Customers Reward Offset Tracker 2 years 7.15% 8.7 APRC £1999.00 70%
BARCLAYS Existing Residential Mortgage Customers Reward Fixed - Rate Switch Only 2 years 4.86% 8.1 APRC £1999.00 Over 70%
BARCLAYS Existing Mortgage Customers Reward Buy-to-Let Fixed 2 years 5.15% 9.2 APRC £1795.00 65%
BARCLAYS Existing Mortgage Customers Reward Buy-to-Let Fixed 2 years 5.50% 9.1 APRC £0.00 65%
BARCLAYS Existing Mortgage Customers Reward Buy-to-Let Fixed 2 years 5.20% 9.2 APRC £1795.00 75%
BARCLAYS Existing Mortgage Customers Reward Buy-to-Let Fixed 2 years 5.54% 9.1 APRC £0.00 75%
BARCLAYS Existing Mortgage Customers Reward Buy-to-Let Tracker 2 years 6.59% 9.6 APRC £1795.00 65%
BARCLAYS Existing Mortgage Customers Reward Buy-to-Let Tracker 2 years 6.67% 9.6 APRC £1795.00 75%
BARCLAYS Existing Mortgage Customers Reward Buy-to-Let Tracker 2 years 7.20% 9.5 APRC £0.00 75%
BARCLAYS Existing Mortgage Customers Reward Buy-to-Let Tracker 2 years 7.89% 9.7 APRC £299.00 75%
BARCLAYS Existing Mortgage Customers Reward Buy-to-Let Fixed 2 years 5.75% 9.1 APRC £0.00 Over 75%
BARCLAYS Existing Mortgage Customers Reward Buy-to-Let Fixed 2 years 5.65% 9.1 APRC £1795.00 60%
BARCLAYS Existing Mortgage Customers Reward Buy-to-Let Tracker 2 years 6.80% 9.4 APRC £1795.00 60%

 

Barclays mortgage rates for existing customers – 3-year term

There are currently no lenders offering these products at the moment.

 

Barclays mortgage rates for existing customers – 5-year term

COMPANY TYPE TERM INITIAL RATE THE OVERALL COST FOR COMPARISON IS PRODUCT FEE LOAN TO VALUE (LTV)
BARCLAYS Existing Residential Mortgage Customers Reward Fixed 5 years 4.31% 6.8 APRC £999.00 60%
BARCLAYS Existing Residential Mortgage Customers Reward Fixed 5 years 4.51% 6.8 APRC £0.00 60%
BARCLAYS Existing Residential Mortgage Customers Reward Fixed 5 years 4.45% 6.9 APRC £999.00 75%
BARCLAYS Existing Residential Mortgage Customers Reward Fixed 5 years 4.95% 7.1 APRC £0.00 75%
BARCLAYS Existing Residential Mortgage Customers Reward Fixed 5 years 5.03% 7.2 APRC £999.00 85%
BARCLAYS Existing Residential Mortgage Customers Reward Fixed 5 years 5.25% 7.2 APRC £0.00 85%
BARCLAYS Existing Residential Mortgage Customers Reward Fixed 5 years 5.98% 7.6 APRC £0.00 Over 85%
BARCLAYS Existing Residential Mortgage Customers Reward Tracker 5 years 5.85% 7.6 APRC £999.00 60%
BARCLAYS Existing Residential Mortgage Customers Reward Tracker 5 years 6.25% 7.8 APRC £999.00 85%
BARCLAYS Existing Residential Mortgage Customers Reward Offset Tracker 5 years 6.50% 8.0 APRC £1749.00 80%
BARCLAYS Existing Residential Mortgage Customers Reward Fixed 5 years 4.32% 6.7 APRC £1999.00 70%
BARCLAYS Existing Residential Mortgage Customers Reward Fixed - Rate Switch Only 5 years 4.40% 6.8 APRC £1999.00 Over 70%
BARCLAYS Existing Mortgage Customers Reward Buy-to-Let Fixed 5 years 4.44% 7.5 APRC £1795.00 65%
BARCLAYS Existing Mortgage Customers Reward Buy-to-Let Fixed 5 years 4.68% 7.4 APRC £0.00 65%
BARCLAYS Existing Mortgage Customers Reward Buy-to-Let Fixed 5 years 4.45% 7.5 APRC £1795.00 75%
BARCLAYS Existing Mortgage Customers Reward Buy-to-Let Fixed 5 years 4.73% 7.4 APRC £0.00 75%
BARCLAYS Existing Mortgage Customers Reward Buy-to-Let Fixed 5 years 4.96% 7.6 APRC £0.00 Over 75%
BARCLAYS Existing Mortgage Customers Reward Buy-to-Let Fixed 5 years 5.25% 7.7 APRC £1795.00 60%

 

Barclays mortgage rates for existing customers – 7, 10-year term

COMPANY TYPE TERM INITIAL RATE THE OVERALL COST FOR COMPARISON IS PRODUCT FEE LOAN TO VALUE (LTV)
BARCLAYS Existing Residential Mortgage Customers Reward Fixed 10 years 5.15% 6.1 APRC £749.00 75%
BARCLAYS Existing Residential Mortgage Customers Reward Fixed 10 years 5.22% 6.1 APRC £0.00 75%
BARCLAYS Existing Residential Mortgage Customers Reward Fixed 10 years 5.19% 6.1 APRC £1999.00 70%

 

Barclays mortgage Rates for Existing Customers FAQs

Do existing customers get better mortgage rates?

Existing Barclays customers can sometimes benefit from better mortgage rates, however this depends on individual situations and chosen products. Most lenders are willing to offer a competitive product transfer, especially in the current climate.

If your current mortgage deal is coming to an end within the next six months, it is worth speaking with your current mortgage provider to see if they offer a competitive product transfer, this is beneficial for both parties but not all lenders make it worth your while to stay with them beyond your fixed term. If your current lender doesn’t offer a good rate, you can do the leg work yourself and get multiple quotes from other lenders or you can speak to a broker who will be able to consider your criteria against numerous lenders at once and is likely to be able to get a better deal. Many brokers do not charge until a mortgage is confirmed and so it is worth seeing what they can offer.

If you are looking to remortgage as an existing customer before your current deal ends you need to consider whether you will be liable for early repayment charges and whether this is worth paying against what you may save by switching early. For those that fixed a rate at a time when rates were at their highest, it may be well worth early switching even when considering the early repayment

charges. It is worth speaking to your current mortgage lender in the first instance to see if they are able to help.

Can you negotiate interest rate on existing mortgage?

You can look to lock in mortgage rates up to 6 months in advance of the current term ending and so this would be the time to negotiate the interest rate on an existing mortgage with Barclays. It is worth speaking to your current mortgage lender in the first instance to see if they are able to help if you are struggling with repayments or you fixed your rate when rates were at their highest.

If your current mortgage deal with Barclays is coming to an end within the next six months, it is worth speaking with them to see if they offer a competitive product transfer, this is beneficial for both parties but not all lenders make it worth your while to stay with them beyond your fixed term.

If you are looking to remortgage before your current deal ends with Barclays, you need to consider whether you will be liable for early repayment charges and whether this is worth paying against what you may save by switching early. For those that fixed a rate at a time when rates were at their highest, it may be well worth early switching even when considering the early repayment charges.

Do existing customers get the same deal as new customers?

If you are an existing Barclays customer, you may have the opportunity to take advantage of favorable mortgage rates. However, the availability of such rates would depend on your individual circumstances and the specific mortgage products offered by Barclays. It's worth noting that many lenders, including Barclays, may be willing to provide competitive product transfers, particularly in the current market climate.

As your current mortgage deal approaches its expiration within the next six months, it's recommended to proactively reach out to your current mortgage provider, such as Barclays, to inquire about their product transfer options for existing customers. A product transfer allows you to switch to a new mortgage deal with your current lender without having to go through a full remortgaging process. This could potentially save you time and effort compared to switching to a new lender.

However, it's important to keep in mind that not all lenders may offer favorable rates beyond the fixed term, and it's essential to carefully assess the terms and conditions of any new mortgage deal offered by your current lender. It may be beneficial to obtain multiple quotes from other lenders as well, or seek the assistance of a mortgage broker who can assess your criteria against numerous lenders at once and potentially negotiate a better deal on your behalf.

In conclusion, Barclays mortgage rates for existing customers may offer attractive options, but it's crucial to thoroughly assess your individual circumstances and compare different mortgage deals from multiple lenders, including your current lender. Utilizing the services of a mortgage broker can also provide valuable assistance in navigating the mortgage market and potentially securing a better deal. Always consider the costs and benefits of remortgaging, including any early repayment charges, before making a decision. It's advisable to consult with your current mortgage provider, such as Barclays, and explore all available options to make an informed decision about your mortgage.