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

Hope Capital strengthens focus on people with new industry pledges

Hope Capital Property Finance has added three new industry pledges to its people strategy,...

Halifax takes top spot for broker experience in latest lender benchmark

Halifax has been named the best mainstream lender and the top performer for overall...

Getting to Know You: Matt Coulson, Heron Financial

Name: Matt Coulson Age: 39 Location: Newcastle Firm: Heron Financial Education: High school Specialty: Tech-enabled mortgage advice, ethical...

Lloyds to cut Product Transfer fees in New Year

Lloyds Banking Group has angered some mortgage advisers after confirming it will slash procuration...

Treasury Committee launches inquiry into government’s financial inclusion strategy

The Treasury Committee has opened a new inquiry into the government’s financial inclusion strategy,...

Latest publication

Other news

Hope Capital strengthens focus on people with new industry pledges

Hope Capital Property Finance has added three new industry pledges to its people strategy,...

Halifax takes top spot for broker experience in latest lender benchmark

Halifax has been named the best mainstream lender and the top performer for overall...

Getting to Know You: Matt Coulson, Heron Financial

Name: Matt Coulson Age: 39 Location: Newcastle Firm: Heron Financial Education: High school Specialty: Tech-enabled mortgage advice, ethical...