0.8

1.9 1.8

1.3

2.5

0

0.5

1

1.5

2

2.5

3

June July August September October

Buy to Let Market Maturities £bn

15.9 15.3 16.8 18.1

24.1

0

5

10

15

20

25

30

June July August September October

Residential Market Maturities £bn

Refreshing. Remortgages.

A fresh remortgage opportunity exists for you and your clients – see how Barclays can help you take full advantage.

Help your clients get a great deal Many households will no doubt be reviewing their finances with many mortgage holders keen to ensure they have a great mortgage deal.

In addition, as detailed below, between June and October, market data suggests over £98.5bn* of balances will mature from their current deal with the vast majority moving onto follow-on rates above 3.75%.

With this in mind, a refreshing remortgage opportunity exists this quarter for you and your business. Just look at the numbers.

Why should your clients pay more?These customers will have seen their annual mortgage payments go up by an average of £264** since the base rate started to rise in November 2017.

In 2018, our average 60% LTV two-year residential fixed rates have been less than 2% – that’s less than half the average high street lender follow-on rate of 4.15%**

There are still an estimated £100bn+* of

Residential and Buy to Let mortgage balances

that are resting on term-based products (SVR

and Tracker) with a pay rate above 3.75%*

This equates to circa 1.34m* customers that

would likely save money by remortgaging

A fresh remortgage opportunity For Intermediary Use Only

An unmissable £98.5bn* opportunity There is a significant amount of existing Residential and Buy to Let clients who will be coming up to the end of their current mortgage deal over the next few months:

*CACI ltd May 2019 ** Barclays Internal data January 2019

Contact your Barclays support team or visit barclays.co.uk/intermediaries Representative example: A capital and interest mortgage of £171,070 payable over 25 years on a fixed rate of 2.44% for 3 years and then our variable tracker rate of 3.49% above the Bank of England Base Rate for the remaining term would require 36 monthly payments of £762.29 and 264 monthly payments of £907.42. The total amount payable would be £267,116.32 made up of the loan amount plus interest and £0 (product fee). The overall cost for comparison is 3.8% APRC representative. April 2019.

The views and opinions expressed in this content do not necessarily reflect the views of the Barclays Bank UK PLC nor should they be taken as statements of policy or intent of Barclays Bank UK PLC. Barclays Bank UK PLC takes no responsibility for the veracity of information intimated by a third party and no warranties or undertakings of any kind, whether express or implied, regarding the accuracy or completeness of the information given. Barclays Bank UK PLC takes no liability for the impact of any decisions made based on information contained and views expressed in this presentation or article.

Barclays Bank UK PLC. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register number: 759676). Buy to Let is not regulated by the Financial Conduct Authority or the Prudential Regulation Authority. Registered in England. Registered number: 9740322. Registered office: 1 Churchill Place, London E14 5HP. Item Ref: IBIM8509 June 2019

What can you do?1. Identify clients who are either coming up to the end of their current mortgage deals or who

may not have taken action at their last maturity date. 2. Get in touch to let them know they could potentially save money – and then offer a

personal mortgage review.

South West £7.8bn

Unknown £59m

Scotland £6.3bn

North East £2.3bn

North West £7.5bn

Northern Ireland £1.1bn

Wales £3bn

West Midlands £6.1bn

London £22.7bn

East Midlands £5.4bn

Yorkshire and the Humber £5.3bn

East of England £11.5bn

South East £19.4bn

*CACI ltd data May 2019

Which of these local markets are you in prime position to take advantage of?