UK high street financial services heavyweight Barclays has revealed that it is extending its 'home insurance price challenge' offer because of its popularity.

The promotion pledges to potential customers that if Barclays cannot beat a customer’s existing home insurance price, the bank will match it and give customers a capital bonds voucher for GBP25. The voucher can be spent at a number of high street stores including Boots, House of Fraser, Debenhams, Woolworths and Homebase.

The price challenge offer is available through the Barclays and Woolwich branch network or via call centers. To qualify for the promotion customer must had have two years without a claim on their existing home insurance and the quote will be like for like, the bank says.