Barclays mortgages reward existing customers

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Barclays mortgages reward existing customers

Barclays and The Woolwich have launched a remortgage product designed to reward existing customers.

The new product is also open to new customers and could help those switching their mortgage from another lender to save nearly £4,000 over two years.

Included in the deal is a free non-disclosed valuation, and either free legal fees or £300 cash back.

Andy Gray, head of mortgages for Barclays, commented: "This market leading remortgage product is exclusively available to our 14 million existing customers.

"Unlike other mortgage lenders we provide great deals for existing customers rather than saving the best deals to attract new ones."

He added that despite the mortgage being a fixed rate deal it is more competitive than most discount rates available.

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