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

Financial firms warned over gaps in tackling domestic and economic abuse

Financial services firms are failing to ask the right questions about domestic and economic...

Family boosts buy-to-let borrowing by up to 35%

Family Building Society has enhanced its buy-to-let affordability assessment, increasing potential borrowing by up...

Average mortgage payments down £119 year-on-year

The average monthly mortgage payment for a new homebuyer has fallen by £119 over...

Wealthy investors increase exposure to buy-to-let as tax allowances are exhausted

Affluent UK investors are allocating more capital to buy-to-let property once ISA and pension...

The Yorkshire urges shift towards repurposing to unlock 2.5m homes

Yorkshire Building Society has called for a fundamental rethink of housing policy, arguing that...

Latest publication

Other news

Financial firms warned over gaps in tackling domestic and economic abuse

Financial services firms are failing to ask the right questions about domestic and economic...

Family boosts buy-to-let borrowing by up to 35%

Family Building Society has enhanced its buy-to-let affordability assessment, increasing potential borrowing by up...

Average mortgage payments down £119 year-on-year

The average monthly mortgage payment for a new homebuyer has fallen by £119 over...