UTB Mortgages launches portal for BTL product transfers

Published on

United Trust Bank Mortgages has introduced a new buy-to-let portal for brokers looking for solutions for their landlord clients.

The launch follows the specialist lender’s recent increase in its maximum residential loan size to £2m and maximum LTV to 95%.

UTB’s buy-to-let product transfers command a 0.4% net procuration fee and streamlined application process.

Brokers can log into the UTB Mortgages portal to complete the Product Transfer Enquiry Form, which the lender claims should take no more than two minutes.

UTB will then let the broker know the products available, then issue the illustration and offer within 24 hours.

Buster Tolfree (pictured), director of mortgages at United Trust Bank, said: “Our new buy-to-let portal for product transfers enables brokers to quickly and easily secure great deals for their landlord customers and is another great example of how we want to make it as easy as possible for brokers to write high quality business and deliver a brilliant service to their clients.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

The Market Harborough reaches £1m community funding milestone

Market Harborough Building Society said it has committed £1 million to community causes over...

Accord publishes broker guide on recognising economic abuse in mortgage cases

Accord has published a new guide for mortgage brokers on how to identify and...

CHL completes £5m portfolio refinance as lender navigates time-sensitive case

CHL Mortgages has completed a £5 million refinance across 10 buy-to-let properties in south...

The 4.3 million borrowers your pipeline is probably missing

There are 4.3 million self-employed workers in the UK and nearly one in five...

Mortgage industry bodies launch new ED&I survey

AMI and IMLA have launched a new industry-wide survey aimed at measuring progress on...

Latest publication

Other news

The Market Harborough reaches £1m community funding milestone

Market Harborough Building Society said it has committed £1 million to community causes over...

Accord publishes broker guide on recognising economic abuse in mortgage cases

Accord has published a new guide for mortgage brokers on how to identify and...

CHL completes £5m portfolio refinance as lender navigates time-sensitive case

CHL Mortgages has completed a £5 million refinance across 10 buy-to-let properties in south...