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

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...

FCA finds protection market delivering good outcomes, says TPFG

The Property Franchise Group PLC (TPFG) has responded to the publication of the Financial...

Conditional selling remains industry flashpoint as enforcement lags

Conditional selling remains one of the most persistent and contentious issues facing the UK...

Latest publication

Other news

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...