United Trust Bank has announced an important product update. Click here for the latest Master Broker/Packager/Distributors product guides. Or here for the updated product guides for Direct/Networks/Club. If you have any new applications you wish to discuss, please Contact us for more information.
ANNOUNCEMENTS
Mortgages and BTL Product Update
Due to continued volatility in the cost of funds, we are updating our Residential Mortgage and BTL product ranges on Thursday 22 June. Our Second Charge Loan products are not affected.
We will honour historic interest rates for all applications created on the Portal prior to 22 June, regardless of current application stage, provided a Mortgage Offer is issued on or before 21 July. Applications which have not been offered by this date, will need to be re-sold onto the prevailing rates.
Residential Mortgages, Product Update
All Purchase, Remortgage, Interest Only and Unencumbered products have been updated:
- 2yr fixed rates from 7.19%
- 3yr fixed rates from 7.22%
- 5yr fixed rates from 7.25%
- 5yr fixed rates with no ERC from 8.44%
BTL, Product UpdateAll BTL products have been updated, with 2%, 4% and a new 6% Product Fee option:
- Standard products, 2yr fixed rates from 5.89% and 5yr fixed rates from 6.19%
- Specialist products, 2yr fixed rates from 6.09% and 5yr fixed rates from 6.59%
- Non-Standard products, 2yr fixed rates from 7.50% and 5yr fixed rates from 7.69%
- New max 75% LTV for all Holiday Let applications
You can download our new Residential and BTL product guides below, and all sourcing systems will be updated in due course:
Residential Product Guide >>BTL Product Guide >>
For new case enquiries, please contact your Broker Relationship or Key Accounts Manager directly on 020 7031 1551, or email [email protected]. For updates on cases already submitted to us please call 020 7031 1552, or upload existing documents through the mortgage portal at www.utbankmortgages.co.uk.