UTB’s 1 and 2 status plans are now priced up to 100bps lower.
Related topic: Second charge
The number of new agreements fell by 22% to 2,440.
Rates have reduced by up to 0.70%.
West One Loans has launched a number of five-year fixed rate products with reduced rates.
United Trust Bank has announced it is reducing interest rates on some of its second charge loans by up to 1.14%, effectively immediately.
Brokers can now assist their clients in accessing funding up to two weeks faster.
The lender can now issue a mortgage offer when consent from the first charge lender is the only outstanding item.
Maeve Ward, director of commercial operations at Central Trust, explores how the amount of equity many people have built up in their property can help pay down existing debt and help...
Andrew has held previous roles at Positive Lending, Evolution Money and Together.
The lender has cut its Apex 1 and Apex 2 ranges by up to 77 and 65 basis points, respectively.