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UCB rate reduction on self-cert and BTL

UCB Home Loans, the specialist lending arm of Nationwide, today reduces its fixed rates on its self-certification and buy to let mortgage range.

These are the lender’s fourth reductions in recent months, taking effect on August 15.

All rates have reduced by 0.10 per cent. The two-year flexible fixed is now 4.99 per cent, two year-flexible fixed remortgage is at 5.09 per cent.

With remortgage offer, the three-year flexible fixed is 5.19 per cent and the five-year flexible fixed is 5.29 per cent.

Buy-to-let fixed rates will reduce by up to 0.30 per cent, and a new three-year fixed rate product is also being introduced.

The new rates are 5.09 per cent, reduced from 5.39 per cent, three year flexible fixed is 5.19 per cent and the five-year fixed rate is now 5.29 per cent, down from 5.39 per cent.

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