TITLE

Barclays launches aggressive remortgage and retention campaign

AUTHOR(S)
Thomas, Paul
PUB. DATE
September 2012
SOURCE
Money Marketing (Online Edition);9/3/2012, p30
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the remortgage campaign launched by Barclays PLC. It mentions that in efforts to attract consumers affected by recent increase in standard variable rates (SVR) by other lenders, Barclays has cut its two-year fixed Great Escape remortgage product by 0.25 percent to 3.49 percent and has also reduced the rates of its three-year fixed rate NewBuy mortgage. Barclays head of mortgages Andy Gray states that the rate cuts to attract customers and stimulate the remortgage market.
ACCESSION #
79787631

 

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