Thursday 27 October 2011

Delays threaten cheap home loan rates as Barclays shuts window for mortgage transfers | Mail Online

Delays threaten cheap home loan rates as Barclays shuts window for mortgage transfers | Mail Online

Mortgage customers with Barclays whose home move is delayed risk losing their cheap loan deal.

Woolwich, the mortgage arm of Barclays, has reduced the window of opportunity for people to transfer a mortgage from one property to another from six months to 30 days.

This typically applies to people who have sold their current home, but don’t yet have a property to move into.

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