Family Springboard Mortgage
An innovative product that lets family and friends help your client buy a home if they’re struggling to save a deposit.
Help your client apply for a mortgage with as little as 0% deposit
Up to 5.5x income multiples for clients earning more than £60k
If mortgage payments are up to date, helpers get their money back with interest after five years
Service snapshot
|
Service |
Residential assessments |
BTL Standard Assessments |
BTL Portfolio Landlord Assessments |
Residential mail |
BTL mail |
Phone messages |
|---|---|---|---|---|---|---|
|
Pre-offer |
5 working days |
5 working days |
5 days *On receipt of a fully completed and packaged application |
5 working days |
5 working days |
5 working days |
|
Post-offer |
5 working days |
5 working days |
5 working days |
5 working days |
5 working days |
5 working days |
Important information
- CACI Ltd data, May 2019
The views and opinions expressed in this content do not necessarily reflect the views of the Barclays Bank UK PLC nor should they be taken as statements of policy or intent of Barclays Bank UK PLC. Barclays Bank UK PLC takes no responsibility for the veracity of information intimated by a third party and no warranties or undertakings of any kind, whether express or implied, regarding the accuracy or completeness of the information given. Barclays Bank UK PLC takes no liability for the impact of any decisions made based on information contained and views expressed in this presentation or article.