UCB self-cert tracker introduced
www.moneynews.co.uk > Mortgages > UCB self-cert tracker introduced
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Money News |
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UCB self-cert tracker introduced
Mon 23rd Oct 2006
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The product is available with an interest rate of 0.34 per cent above the Bank of England base rate for three years, which currently stands at 4.75 per cent.
Early repayment charge is waived on the product after the first three years and a loan-to-value of 85 per cent is offered to customers.
Managing director of UCB Home Loans Keith Astill remarked: "This new product offers a highly competitive, value-for-money deal.
"With an extremely attractive rate, an arrangement fee of only £495 and the added benefit of a free standard valuation, it's one of best overall packages currently available".
UCB Home Loans has also announced that it plans to increase interest rate levels on its self-certification and buy-to-let two and three-year flexible fixed-rate products due to rising costs of funding.
The UCB self-cert tracker offers free standard valuations for both purchase and remortgage applications.
UCB Home Loans is a subsidiary of Nationwide, the UK's largest building society.
Related News : Mortgages |
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Related News : Nationwide |
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