Great Escape mortgages

manage your mortgage

Switching mortgages? Remortgage with flexibility and you could save on fees.

If you're unhappy with your current variable rate but are worried about the cost and difficulties involved in changing your mortgage, it can seem like you're walled in with no chance of escape. You're not any more, with our new range of Great Escape mortgages.

Your home may be repossessed if you do not keep up repayments on your mortgage

Is now the time for a Great Escape mortgage?

Whether you're looking to fix or track your mortgage now, with our suite of Great Escape products switching mortgages to Barclays has never been easier.

If you change mortgage lenders, you’ll get a competitive rate with us and there are no legal, valuation or application fees. We’ll even pay up to £300 towards your existing lender's exit fee after completion. Plus, a Great Escape Tracker mortgage comes with our Switch and Fix service, so there’s no early repayment charge if you want to switch from a Barclays tracker to a fixed-rate mortgage with us at any time. Switching mortgages to a different Barclays variable rate or other provider will require 1% of balance to be repaid until 31/05/2014. Other fees may apply, such as an application fee for the new fixed-rate mortgage.

If you're interested in changing mortgage lenders, please see below our full range of Great Escape mortgages.

Product Initial interest rate Follow on interest rate The overall cost for comparison is Application fee How much could I borrow? Early repayment charge
Fixed rate mortgages            
Great Escape 2 Year Fixed (Re-mortgage only) 3.89%

until 31 May '14

3.89% (BBBR + 3.39%)   variable for the remaining term 4.0% APR £0 70% (max)
of the value
of your home (Min loan 
£100,000)
3% of the balance repaid until 31 May '14
Great Escape 2 Year Fixed (Re-mortgage only) 3.99%

until 31 May '14

3.89% (BBBR + 3.39%)  variable for the remaining term 4.0% APR £0 80% (max)
of the value
of your home (Min loan 
£100,000)
3% of the balance repaid until 31 May '14
Great Escape 2 Year Fixed (Re-mortgage only) 4.24%

until 31 May '14

3.89% (BBBR + 3.39%) variable for the remaining term 4.0% APR £0 80% (max)
of the value
of your home (Min loan 
£50,000, Max loan £100,000)
3% of the balance repaid until 31 May '14

 

 

Could be good for you if:

  • You're currently on a variable-rate mortgage charging a higher rate than the Great Escape and are able to change mortgage lenders without paying an early repayment charge to your existing lender
  • You want the flexibility to switch to a Barclays fixed-rate mortgage when it suits you without incurring an early repayment charge

Look at our other products if:

  • You are not remortgaging, but buying a new home or are a first-time buyer
  • You want to offset your savings to reduce your monthly mortgage payments or pay off your mortgage sooner

Woolwich mortgage awards

Important information

1. Lines are open Monday to Friday 9am-8pm and Saturday 9am-2pm. To maintain a quality service, we may monitor or record phone calls Read our call charges and information
2. Lines are open Monday to Friday 8.30am-5.30pm. To maintain a quality service, we may monitor or record phone calls Read our call charges and information
3. Please note: fees may still be charged by your existing lender
4. BBBR = which is currently 0.50% (effective 6 March 2009)
 
“The Great Escape" is a trademark of Barclays Bank Plc.

Barclays Bank PLC. Registered in England. Barclays Bank PLC is authorised and regulated by the Financial Services Authority (FSA). Registered No 1026167. Barclays Insurance Services Company Limited is authorised and regulated by the FSA. Registered No 973765. Registered Office for both: 1 Churchill Place, London, E14 5HP. "The Woolwich" and "Woolwich" are trademarks and trading names of Barclays Bank PLC. Barclays Business is a trading name of Barclays Bank PLC. Barclays Bank PLC subscribes to the Lending Code which is monitored and enforced by the Lending Standards Board and is licensed and regulated by the Office of Fair Trading for the provision of credit products to consumers and related services. Further details can be found at www.lendingstandardsboard.org.uk


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