From 15 April 2005, buy-to-let borrowers remortgaging to UCB Home Loans will benefit from a free standard property valuation and UCB Home Loans will waive the £75 reservation fee. This means customers can make a minimum saving in fees of £305 – in addition of course to any monthly savings as a result of the competitive mortgage rates available.
The offer is available on all buy-to-let products, including both trackers and fixed rate options, with the exception of the 2-Year Flexible Tracker (which offers an alternative on-going benefit to borrowers of no early repayment charge).
The self-certification remortgage offer, which offers similar benefits on self-cert mortgages, will be withdrawn at 5pm on Thursday 14 April.
“Our new buy-to-let offer is designed to meet the needs of the growing base of borrowers who are coming to the end of their initial deals on buy-to-let mortgages and who are now looking for improved offers from new lenders” said UCB Home Loans managing director, Keith Astill.
New Fixed Rates
UCB Home Loans is increasing its fixed interest rates from 5.60% to 5.69% on all self-cert and buy-to-let products on Friday 15 April.
