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. Not any more – our new Great Escape mortgages range gives you a way out.

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

It's never been easier to switch to Barclays if you’re unhappy with your current mortgage.

Product Initial interest rate Follow on interest rate 4 The overall cost for comparison is Application fee How much could I borrow? Early repayment charge
Great Escape mortgages            
Great Escape 2 Year Fixed (Re-mortgage only) 2.25% until until 31 Mar '17 3.99% (BBBR + 3.49%) variable for the remaining term 3.7% APR £0 70% (max) of the value of your home (Min loan £50,000) 3% of the balance repaid until 31 Mar '17
Great Escape 2 Year Fixed (Re-mortgage only) 2.89% until 31 Mar '17 3.99% (BBBR + 3.49%) variable for the remaining term 3.9% APR £0 75% (max) of the value of your home (Min loan £50,000) 3% of the balance repaid until 31 Mar '17
Great Escape 2 Year Fixed (Re-mortgage only) 3.19% until 31 Mar '17 3.99% (BBBR + 3.49%) variable for the remaining term 3.9% APR £0 85% (max) of the value of your home (Min loan £50,000) 3% of the balance repaid until 31 Mar '17
Great Escape 3 Year Fixed (Re-mortgage only) 2.69% until 31 Mar '18 3.99% (BBBR + 3.49%) variable for the remaining term 3.7% APR £0 70% (max) of the value of your home (Min loan £50,000) 3% of the balance repaid until 31 Mar '18
Great Escape 5 Year Fixed (Re-mortgage only) 2.99% until 31 Mar '20 3.99% (BBBR + 3.49%) variable for the remaining term 3.7% APR £0 70% (max) of the value of your home (Min loan £50,000) 3% of the balance repaid until 31 Mar '20
Great Escape 5 Year Fixed (Re-mortgage only) 3.99% until 31 Mar '20 3.99% (BBBR + 3.49%) variable for the remaining term 4.1% APR £0 80% (max) of the value of your home (Min loan £50,000) 3% of the balance repaid until 31 Mar '20

 

 

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 8am-9pm, Saturday 9am-8pm and Sunday 10am-4pm. To maintain a quality service, we may monitor or record phone calls Call charges
2. Lines are open Monday to Friday 8.30am-5.30pm and Saturday 9am-1pm. To maintain a quality service, we may monitor or record phone calls Call charges
3. Please note: fees may still be charged by your existing lender
4. BBBR = Barclays Bank Base Rate which is currently 0.50% (effective 6 March 2009).
 
“The Great Escape" is a trademark of Barclays Bank Plc.