There is no redemption penalty and the package is available on the UCB Home Loans FlexiPlus two-year tracker mortgage and also on the two-year fixed rate loan.
Commenting on the product Charles Reed, managing director at UCB Home loans, said: "Remortgaging is extremely popular at the moment and we are seeing a growing number of introducers and borrowers moving their self-cert business to us. These initiatives make our offers even more attractive.