Second Charge Reductions of up to 55bps, rates from 5.39%

We’re pleased to confirm a series of rate reductions across our Second Charge Loan Product range, with decreases of up to 55bps and new rates starting from 5.39%.

All updated rates will be available on the UTB Mortgages Portal from Thursday 5 March and will appear on all major sourcing systems shortly afterwards. Pipeline applications submitted on older products will continue to be honoured, provided it has completed before Friday 29 May.

Full details can be found in our Second Charges Mortgages Product Guide, with highlights including:

Super Prime Range (Updated):

  • 2yr Fixed from 5.89%
  • 3yr Fixed from 5.79%
  • 5yr Fixed from 5.39%
  • 5yr Fixed with no ERCs from 6.35%Prime Plus Plans (Updated):
  • 2yr Fixed from 6.49%
  • 3yr Fixed from 6.39%
  • 5yr Fixed from 5.74%
  • 5yr Fixed with no ERCs from 6.40%

For new case enquiries, please contact a member of our sales team on 020 7031 1551, or email mortgage.enquiries@utbank.co.uk. For updates on pipeline cases please call 020 7031 1552 or access the mortgage portal at www.utbankmortgages.co.uk.

Chris Pedlar
Head of Sales – Mortgages
cpedlar@utbank.co.uk