Barclays is a UK-based financial services group, with a large international presence in Europe, the USA, Africa and Asia. It is engaged primarily in banking, investment banking and investment management. In terms of market capitalization, Barclays is one of the largest financial services companies in the world.
Buying a new home
Whether you're buying a new place, a second home or a holiday retreat, there's a lot to sort out before you move in. With our help, your mortgage shouldn't be on the 'to do' list for long, which means more time to plan for the big move.
Things to consider when buying a new home
Selling your existing home
Make your home stand out among buyers. Give it a thorough clean; especially the kitchen and bathroom; re-tiling and new surfaces can make a big difference. Make sure the exterior and front door offer a warm welcome. Tidy up the garden. De-clutter rooms.
Staying in budget
Add up the costs associated with selling and buying a home. Factor in stamp duty, solicitors' fees and the estate agent's fee. You'll also be charged land registry and telegraphic transfer fees.
Buying a home abroad
If you're thinking of buying abroad familiarize yourself with the country's buying processes and customs. Consider transport links and facilities before making an offer on a property. Make the most of local expertise when arranging a mortgage.
All our mortgages are portable; so whether you've already got a mortgage with us and are planning to move, or want the flexibility of knowing you can move it with you in the future, our range of fixed, tracker and offset mortgages could help you.
Buy to Let (BTL)
Owning a Buy to Let property isn't like buying your own home; it's more like running a small business. So it's important to do your homework to ensure you buy the right property, in the right place to give you the best possible chance of success.
You should also consider the impact on your tax affairs and seek some expert advice in regards to pension and inheritance planning.
Buying to Let at a glance
Researching
Talk to letting agents about levels of demand and likely rental income before deciding on a location. Choose a property that matches your target/ideal tenant(s). Consider appointing a letting agent to collect rent, find tenants and deal with routine problems.
Budgeting
When you've found the right property, work through the figures carefully to ensure the project looks feasible. In addition to your mortgage repayments, consider the other costs you'll need to cover such as stamp duty, solicitors' fees, insurance, furniture & fittings, service charge and ground rent for leasehold properties, together with ongoing maintenance and repairs. Also, don't forget to consider how you will pay your Buy to Let mortgage if either interest rates rise or the property is vacant.
Legal considerations
Before you rent out a property, check your legal responsibilities. For example, under no circumstances should you rent out a property without an appropriate tenancy agreement/lease in place. This is important as it is a legally binding document that sets out the legal rights and responsibilities of both the landlord and the tenant(s).
As a landlord you have a 'duty of care' to make sure your Buy to Let property and any utilities provided are entirely safe for tenants. Some of the areas you need to consider are gas & electrical safety checks and adherence to fire regulations.
We offer a selection of Buy to Let mortgages. Choose a fixed rate or tracker deal; make interest-only or capital repayments.
Barclays Buying Abroad
Whatever your dreams are, whether it’s a place in the sun, a new career abroad or an investment opportunity in Dubai, Barclays Buying Abroad can help. We offer a wide range of products and services to help you through the entire buying process; from arranging your mortgage and local bank account to helping to transfer your money and finding a local tradesman.
With our English-speaking experts on the ground in France, Italy, Spain, Portugal, Dubai and South Africa, we make it quicker and easier to buy abroad.
Fixed rate mortgage
With the security of our fixed rate mortgage, you can manage your finances around regular monthly repayments throughout the life of the loan. In addition, you won't be affected by interest rate rises.
Barclays Flex
Choose a mortgage plan that offers you an interest-only period of up to 10 years. Enjoy the flexibility of lower repayments in the early stages of the loan – and the option of switching to a full capital repayment loan.