UCB’s addition to PMPA’s lender panel was launched with a three-year buy to let tracker product (Bank Base Rate + 0.49 per cent) that is available for purchase and remortgage. It also has flexible facilities, including underpayments, overpayments and payment holidays. An exclusive offer of free legal fees on remortgages, via UCB’s solicitors, will be available exclusively through PMPA member packagers.
Helen Hymos, PMPA’s lender relationship manager, said: “We are very pleased that UCB has decided to join PMPA’s lender panel, with our members’ collective reputation for high service standards being a key deciding factor. The buy-to-let and self certification mortgage markets are performing strongly, so securing access to UCB Home Loans products should prove to be highly beneficial for our member packagers and their brokers. We are confident that the new relationship will bring substantial business benefits to both organisations.”
James Chidgey, senior manager national accounts at UCB Home Loans, said: "We're delighted to be part of PMPA’s lender panel and having access to an alliance of packager firms presents us with an exciting opportunity to increase our distribution. With their professional, but very individual, member firms across the country, we're looking forward to developing a successful working partnership with PMPA."
