Gibraltar Client Rate Sheet - Barclays Wealth and Investment

Wealth and Investment Management
Client Rate Sheet 13th January 2015
Gibraltar Mortgages
This product range is only available to Barclays Wealth and Investment Management mortgage clients in Gibraltar
This Client Rate Sheet is for information only and does not constitute a Personalised Key Facts Illustration.
Barclays Bank Base Rate (BBBR) is a variable rate set by Barclays Bank PLC, which typically follows the Bank of
England Base Rate but is not guaranteed to do so. BBBR is currently 0.50%.
Tracker Rates
Fixed Rates
Notes
Page 2
Page 2
Page 3
Page 1 of 3
Wealth and Investment Management
Client Rate Sheet 13th January 2015
UNLESS OTHERWISE STATED ON THE PRODUCT CONDITIONS, THE MINIMUM LOAN SIZE IS £100,000 AND MAXIMUM LOAN SIZE IS £3M FOR THE
PRODUCT. FOR FURTHER ADVANCE M INIMUM LOAN SIZE REFER TO NOTES ON PAGE 4.
AVAILABLE TO FTB’S, HOMEMOVERS, EXISTING CLIENTS AND REMORTGAGORS - TRACKER RATE PRODUCT
Product Type
Initial
Interest
Rate
Follow on rate
The Overall Cost
for Comparison
Application
Fee
LTV
Early Repayment Charge
Product
Code
3 Yr Tracker at BBBR + 3.49% for 3
Years
3.99%
SVR
4.9% APR
£995
60%
None
30557
UNLESS OTHERWISE STATED ON THE PRODUCT CONDITIONS, THE MINIMUM LOAN SIZE IS £100,000 AND MAXIMUM LOAN SIZE IS £3M FOR THE
PRODUCT. FOR FURTHER ADVANCE M INIMUM LOAN SIZE REFER TO NOTES ON PAGE 4.
AVAILABLE TO FTB’S, HOMEMOVERS, EXISTING CLIENTS AND REMORTGAGORS – FIXED RATE PRODUCT
Product Type
Initial
Interest
Rate
Follow on rate
The Overall Cost
for Comparison
Application
Fee
LTV
Early Repayment Charge
3-year Fixed Rate (until 02/04/2018)
3.99
SVR
4.9%
£995
60%
6 months interest at the
Charging Interest Rate on
balance repaid
Product
Code
21380
Page 2 of 3
Wealth and Investment Management
Client Rate Sheet 13th January 2015
NOTES
APR
•
BBBR
•
This refers to the Annual Percentage Rate. The calculation is based on an average term of 25yrs based on the product rate and the reversion rate (if
applicable)
This refers to Barclays Bank Base Rate.
Barclays Wealth and Investment Management
•
Barclays Wealth and Investment Management Means that part of Barclays offering wealth and investment management products and services.
Further Advance
•
Minimum amount £25,000 (this overrides the requirement for the minimum loan of £100k in eligibility criteria). £15,000 - £25,000 can be arranged if
it is for home improvement purpose.
Fixed Rates
•
A fixed rate provides an interest rate that remains the same during the fixed period of the loan. This gives you the peace of mind of knowing that your
repayments will stay the same for the period during which the rate is fixed, as long as payments are made for the correct amount and on time. These
fixed rate products are subject to availability and may be changed or withdrawn at any time without notice. An Early Repayment Charge may apply in
certain circumstances. For First Time Buyers or clients remortgaging to Barclays, £500 cash back may be payable once mortgage is entered into
(Jersey/Guernsey/Isle of Man only).
LTV
RMS
•
•
This is the loan to value. It represents the maximum percentage of the property value we are willing to provide a mortgage for.
Relationship Managed Service is for clients with Qualifying Assets of £100,000 or more, or gross annual income of £75,000 or more mandated to
Barclays Wealth and Investment Management.
Valuations
•
Where a property does not meet the anticipated valuation and results in the chosen product maximum LTV being exceeded a new product must be
chosen from the current product range applicable at the time of the down valuation, not the range available at point of application.
MORTGAGE ADVISERS
Gibraltar: +350 200 52338*
This item can be provided in Braille, large print or audio by calling 0800 400 100**(via TextDirect if appropriate). If outside the UK please call: +44(0)1624
684444***
"*Lines are open from 8.00am to 4pm UK time Monday to Friday excluding bank holidays.
**Lines are open 8am to 8pm UK time Monday to Friday and 9am to 5pm UK time Saturday and UK bank holidays. Calls to 0800 numbers are free if made
from a UK landline.
***Lines are open 8am to 6pm UK time Monday to Friday excluding UK bank holidays.
Call costs may vary - please check with your telecoms provider. Calls may be recorded so that we can monitor the quality of our service and for security
purposes.
Barclays offers banking, wealth and investment management products and services to its clients through Barclays Bank PLC and its subsidiaries. Barclays
Bank PLC is registered in England and authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the
Prudential Regulation Authority. Registered No. 1026167. Registered Office: 1 Churchill Place, London E14 5HP. Barclays Bank PLC is authorised by the
Gibraltar Financial Services Commission to conduct banking and investment business in Gibraltar.
Page 3 of 3

Download Report