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

Mortgage Advice Bureau hires new group CFO

Mortgage Advice Bureau (MAB) has named Jo Stent as its next group chief financial...

OMS launches protection referral partnership with The Insurance Surgery

One Mortgage System (OMS), the CRM and loan origination platform for intermediaries and lenders,...

Omni Protect appoints Richard Waters as head of strategic partnerships

Omni Protect, Fintel’s whole of market protection club, has announced the appointment of Richard...

Redwood Bank awarded top green accreditation

Redwood Bank has been recognised for its continued commitment to sustainability after achieving the...

Mortgage approvals fall to lowest level since December 2023

Mortgage approvals for house purchases fell to 56,200 in May, down from 66,000 in...

Latest publication

Other news

Mortgage Advice Bureau hires new group CFO

Mortgage Advice Bureau (MAB) has named Jo Stent as its next group chief financial...

OMS launches protection referral partnership with The Insurance Surgery

One Mortgage System (OMS), the CRM and loan origination platform for intermediaries and lenders,...

Omni Protect appoints Richard Waters as head of strategic partnerships

Omni Protect, Fintel’s whole of market protection club, has announced the appointment of Richard...