UTB launches buy-to-let product transfer portal

United Trust Bank Mortgages has launched a new buy-to-let portal for brokers.

The launch is the latest in a series of product and criteria enhancements and follows the specialist lender recently increasing its maximum residential loan size to £2m and maximum LTV to 95%.

UTB’s buy-to-let product transfers benefit from a 0.4% net procuration fee alongside a quick and streamlined application process.

Brokers simply log into the UTB Mortgages portal to complete the product transfer enquiry form which should take no more than two minutes. UTB will then let the broker know the products available, then issue the illustration and offer all within 24 hours.

Buster Tolfree, director of mortgages at United Trust Bank, commented: “Our new buy-to-let portal for product transfers enables brokers to quickly and easily secure great deals for their landlord customers and is another great example of how we want to make it as easy as possible for brokers to write high quality business and deliver a brilliant service to their clients.”