The deal is a self-cert one-year fixed rate of 4.79 per cent. Bearing in mind the current uncertainty around interest rates, a one-year deal is attractive in the current market with only a £330 completion fee and a £75 reservation fee. This product has no overhang and is up to 85 per cent loan to value and ideal for intermediaries looking for a short-term deal with a low rate. This exclusive is shared only with Mortgage Next and Pink Homeloans.
Sally Laker, managing director of Mortgage Intelligence, said: “UCB have an outstanding reputation for service and this combined with a sharp fixed rate deal with a low fee, has to be a winner. It is perfect timing in view of the current price of funds and broker demand.”
James Chidgey of UCB Home Loans commented: “We are delighted to have teamed up with three leading networks to offer intermediaries a great self-cert deal. This sector is going from strength to strength and we anticipate a high demand.”
