United Trust Bank Mortgages has cut fixed-rate offers across its second charge range by as much as 164 basis points, with deals starting at 5.99%.
The specialist bank says all five-year fixes, with and without early repayment charges, across its entire Prime-Plus, Prime and Near-Prime plans have been updated.
Highlights include:
o Five-year fixes, with no early repayment charges start at 6.55%
o Five-year fixes start at 5.99% from 6.59%
o Five-year fixes, with no early repayment charges from 6.75%
o Five-year fixes from 6.65%
o Five-year fixes, with no early repayment charges from 7.49%
o Five-year fixes from 7.39%
The firm adds its 80% LTV five-year fixes, with no early repayment charges on its Prime-Plus and Prime plans fall by 164bps from 9.99%.
United Trust Bank director of mortgages Buster Tolfree says: “We have been in the seconds market for a good few years now we know what brokers and consumers want.
“They want us pass on our ability to reduce rates as soon as we can and by as much as we can, so that’s what we’ve done.”
