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

Later life lending must become ‘mainstream priority’, following FCA reform speech

Will Hale, chief executive of Key Advice & Air, has urged the mortgage industry...

FRP expands with acquisition of Arc & Co

FRP has strengthened its presence in the real-estate finance market with the acquisition of...

Metro Bank cuts rates and returns to 80% buy-to-let lending

Metro Bank has made further cuts across its residential, near-prime and buy-to-let product ranges,...

Conveybuddy appoints new business development executive

Conveyancing distributor conveybuddy has appointed Connor Nixon as its new business development executive, strengthening...

Masthaven joins TRM panel to widen access to bridging finance

The Right Mortgage & Protection Network has added Masthaven Finance to its lender panel,...

Latest publication

Other news

Later life lending must become ‘mainstream priority’, following FCA reform speech

Will Hale, chief executive of Key Advice & Air, has urged the mortgage industry...

FRP expands with acquisition of Arc & Co

FRP has strengthened its presence in the real-estate finance market with the acquisition of...

Metro Bank cuts rates and returns to 80% buy-to-let lending

Metro Bank has made further cuts across its residential, near-prime and buy-to-let product ranges,...