United Belief Financial institution has launched product switch choices for residential and second cost mortgages.
The specialist lender says providing a second cost product switch (PT) choice is an trade first.
It would supply mortgage advisers 1% procuration charge on second cost PTs and 0.4% on PTs for residential mortgages.
Charges on residential offers begin at 6.99% for a two-year repair and seven.09% for a five-year repair, with a £995 product charge.
For second cost merchandise, two-year fixes begin at 7.39% and 5 yr fixes are from 6.79%, additionally with a £995 charge.
Nevertheless, the lender says available rates of interest are depending on the unique buyer standing, LTV and software profile, and might be confirmed upon preliminary enquiry.
UTB has added a brand new choice to its on-line portal entitled ‘Product Switch Enquiry Type’, the place the lender’s registered introducers can apply for these merchandise.
United Belief Financial institution director of mortgages Buster Tolfree says: “We recognise how essential it’s for brokers to have the ability to give their prospects certainty and peace of thoughts as they strategy the top of their preliminary mounted price interval. We’re delighted to launch these new product switch choices for UTB prospects, particularly our trade first second cost product switch.”