Product details are:
- 5.09 per cent flexible two-year tracker - BBR + 0.59 per cent
- Reverts to 6.79 per cent
- Minimum loan £150,000
- Maximum loan to value 85 per cent
- Available for both purchase and remortgage
- Arrangement fee £595
- Free valuation fee for purchase only
- Rental Calculation 125 per cent at BBR + 1 per cent or can be assessed using self-certification of income
Sally Laker, managing director at Mortgage Intelligence, commented: “Our strong track record in the buy-to-let market is enhanced by this new deal with UCB. The products flexibility and free valuation are attractive features to our members.”
James Chidgey, senior manager, national accounts at UCB, said: "We are delighted to offer our first ever buy-to-let semi-exclusive to Mortgage Intelligence, a distributor with strong brand recognition in the buy-to-let market and this new two-year tracker product clearly demonstrates our commitment to Mortgage Intelligence members."
