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

Somo cuts bridging rates after Bank of England move

Somo has moved quickly to cut rates across its bridging range following the Bank...

Bridging finance momentum shows up in Knowledge Bank broker search data

Broker search behaviour on Knowledge Bank suggests bridging finance is playing an increasingly central...

The Cambridge donates festive Giving Tree collections to local charities

The Cambridge Building Society has donated hundreds of essential items to local charities after...

Rising inheritance tax receipts sharpen focus on later life planning

Inheritance tax receipts have climbed to £5.8 billion in the first eight months of...

Paragon introduces Bank Base Rate tracker buy-to-let range

Paragon Bank has launched a new buy-to-let tracker mortgage range linked to the Bank...

Latest publication

Other news

Somo cuts bridging rates after Bank of England move

Somo has moved quickly to cut rates across its bridging range following the Bank...

Bridging finance momentum shows up in Knowledge Bank broker search data

Broker search behaviour on Knowledge Bank suggests bridging finance is playing an increasingly central...

The Cambridge donates festive Giving Tree collections to local charities

The Cambridge Building Society has donated hundreds of essential items to local charities after...