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

Young homeowners turn to 40-year mortgages to manage costs

Two-thirds of mortgage holders aged under 30 have taken loans lasting between 30 and...

Right Mortgage sets date for first women’s leadership summit

The Right Mortgage & Protection Network will hold its inaugural Women’s Leadership Summit in...

Broadstone appoints senior banking pair as advisory demand rises

Broadstone Lending Advisory Services has appointed two senior business development managers as lenders and...

Together completes 1,000th Networks & Clubs channel case

Together has completed its 1,000th case through its Networks & Clubs channel, providing a...

Cumberland launches index tracking UK holiday let market

The Cumberland Building Society has launched its first Holiday Let Index, examining confidence, investment...

Latest publication

Other news

Young homeowners turn to 40-year mortgages to manage costs

Two-thirds of mortgage holders aged under 30 have taken loans lasting between 30 and...

Right Mortgage sets date for first women’s leadership summit

The Right Mortgage & Protection Network will hold its inaugural Women’s Leadership Summit in...

Broadstone appoints senior banking pair as advisory demand rises

Broadstone Lending Advisory Services has appointed two senior business development managers as lenders and...