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19th March 2016, 11:54 AM
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Join Date: May 2012
Re: Barclays Bank Mortgage SVR

Barclays Mortgage SVR Rate indicated is based on the 2 Yr Trackers at BBBR + 0.84% for 2 years' product. This rate is the Standard Variable Rate (‘follow on rate') applicable after the initial rate has expired.

This rate is calculated through the following method: BBR(variable) + 3.49%.

The rate of 3.99% is 0.89% higher than the average 3.1%. Also it is 1 % lower than the highest rate. Updated Feb, 2016

Barclays Mortgage Standard Variable Rate
Rate at 3.99% p.a

Barclays Mortgage Standard Variable Rate
TYPE
Home Loan
RATE
3.99%
APR
3.99%
CURRENCY
GBP

The SVR rises and falls in line with general interest rates so you should benefit from any drop. However, if general interest rates rise, your mortgage rate will increase too, along with your monthly repayment.


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