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United Trust Bank (UTB) Mortgages has announced significant rate reductions across its entire buy-to-let (BTL) mortgage range, with cuts reaching as much as 1.76%. This move aims to provide more competitive financing options for specialist landlords.
The new five-year fixed rates now start from 4.99% for single dwelling assured shorthold tenancy (AST) products, making long-term stability more accessible for individual property investors. For those with more complex portfolios, rates for Houses in Multiple Occupation (HMOs) and Multi-Unit Blocks (MUBs) have been reduced to start from 5.29%.
Key Benefits
Buster Tolfree, Director of Mortgages at United Trust Bank, emphasized the importance of these changes: "These rate reductions aim to support brokers by providing greater choice and better deals for their specialist landlord customers."
These strategic rate cuts by UTB Mortgages demonstrate their commitment to supporting the intermediary market and catering to the diverse needs of professional landlords, from single-property owners to those with large, complex portfolios.
Eligibility Criteria
Property Finance Specialist
Milly Turner is a property finance specialist with expertise in HMO mortgages and investment property solutions.