UCB Home Loans is relaunching its range of self-certification and buy-to-let tracker mortgages from September 1.
Nationwide’s specialist mortgage lender says it is decreasing the tracking differentials by 0.10 per cent on each of the terms available – two, three or five years and non-flexible trackers are priced 0.10 per cent lower than the equivalent flexible product.
To complete the range, UCB is also offering a two-year flexible tracker with no early repayment charge on both BTL and self-cert, tracking at Bank base rate plus 1.29 per cent and 1.59 per cent respectively.
Managing director Keith Astill says: “The re-launch has given us the opportunity to align the increments on both our self-cert and buy-to-let tracker products, making the whole range much simpler for our customers and intermediaries.
“We have also been monitoring fixed rates closely, and whilst weve seen a number of our competitors increase their fixed rates weve taken the decision to hold steady. So, with all fixed rates remaining at 5.59 per cent our whole product range is now much clearer and simpler to understand.”