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

‘Complex is the new vanilla’: Affordability reshapes market

Mortgage cases with one or two complications are becoming the new “vanilla” as affordability...

Vulnerability data can unlock commercial gains, says MorganAsh

Financial services firms could be overlooking commercial opportunities by treating customer vulnerability mainly as...

Asking prices rise for first time since May as autumn market picks up

The average asking price of newly listed homes rose by 0.7% in September, the...

Buy-to-let returns beat major asset classes over 30 years, Hamptons finds

UK buy-to-let has delivered total returns of 2,130% since the launch of the first...

£5m-plus mortgage numbers rise as wealthy buyers turn to borrowing

The number of residential mortgages worth £5 million or more rose last year as...

Latest publication

Other news

‘Complex is the new vanilla’: Affordability reshapes market

Mortgage cases with one or two complications are becoming the new “vanilla” as affordability...

Vulnerability data can unlock commercial gains, says MorganAsh

Financial services firms could be overlooking commercial opportunities by treating customer vulnerability mainly as...

Asking prices rise for first time since May as autumn market picks up

The average asking price of newly listed homes rose by 0.7% in September, the...