Launched today, the new system offers agreements in principle within two hours following submission.
Charles Reed, managing director of UCB Home Loans, said: “The new AIP system provides intermediaries with access to a fast online decision, 24 hours a day, seven days a week. It is extremely easy to use - they simply complete the online form and we can usually provide a fully checked and underwritten agreement within the next two hours. Clients can rest assured that their details remain confidential as the service is fully encrypted via a secure section of the UCB Home Loans website.”
