Barclay’s welcomes tariff of mortgage charges

The lender has been closely involved in the initiative which aims to ensure that mortgage fees and charges are clear, fair and transparent.

Craig Calder, Barclays director of mortgages, said: “We are fully supportive of the recommendations for an industry wide simplification of Mortgage Tariff Charges.

“Our customers can be reassured that by the end of 2015, our tariff will be easily accessible, with prominent display on our website.”

“We actively seek and welcome customer and colleague feedback to always ensure our communications and mortgage product literature continues to be clear, transparent and easily accessible.”

The plans for the tariff of mortgage charges have been submitted to the Chancellor and the two bodies plan to continue to work together on it in 2016.