We’re pleased to announce a large expansion to our Second Charge Loan Product range, alongside rate updates across the board. We now offer five tiers of products, catering for a far wider range of customers, from those with perfect credit through to those with some adverse credit history.
All new interest rates and product bandings will be available on the UTB Mortgages Portal on Monday 12 January, and listed on all major sourcing systems shortly. All pipeline applications sold on older products will be honoured, providing an offer is issued before Friday 27 March.
Full details can be found in our Second Charges Mortgages Product Guide, with highlights including:
NEW Super Prime Range:
- 2yr Fixed from 5.89%
- 3yr Fixed from 5.79%
- 5yr Fixed from 5.39%
- 5yr Fixed with 2 yr ERC from 6.35%
- Up to 90% LTV; No CCJs/defaults in 48 months
UPDATED Prime Plans:
- 2yr Fixed from 8.99%
- 3yr Fixed from 8.89%
- 5yr Fixed from 7.69%
- 5yr Fixed with 2 yr ERC from 8.05%
- Up to 80% LTV; Up to two CCJs and two defaults in 24 months
Products fees have also reduced below £60K from £995 to £595.
For new case enquiries, please contact a member of our sales team on 020 7031 1551, or email mortgage.enquiries@utbank.co.
For updates on pipeline cases please call 020 7031 1552 or access the mortgage portal at www.utbankmortgages.co.uk.
Chris Pedlar Head of Sales – Mortgagescpedlar@utbank.co.uk