Page last updated 26 April 2024
Below you can find our choice of Buy to Let and Residential mortgage rates for existing customers.
Find a rate from our switcher products
Buy to Let – Changing Products
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All Buy to Let products have a maximum loan of £1.5 million and a Product Fee of £95. |
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Product |
Product Code |
Initial Rate |
The Overall Cost for Comparison is |
Maximum Loan to Value |
Early Repayment Charge (ERC) |
2 Year Fixed |
186553 | 5.34% | 8.5% APRC |
75% | * If the mortgage is fully/partially repaid within the first 2 years the following charges will be payable: 2.5% of the amount redeemed in the first year and 1.5% of the amount redeemed in the second year.* |
| 184493 | 6.69% | 8.9% APRC | None | ||
|
5 Year Fixed |
186964 | 4.89% | 7.4% APRC |
75% | * If the mortgage is fully/partially repaid within the first 5 years the following charges will be payable: 5% of the amount redeemed in the first year, 5% of the amount redeemed in the second year, 4% of the amount redeemed in the third year, 3% of the amount redeemed in the fourth year and 2% of the amount redeemed in the fifth year. |
| 184495 | 5.79% | 7.8% APRC | None | ||
Variable |
171975 | 8.99% | 9.4% APRC |
None | No ERC applies. |
Residential - Changing Products
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All Residential products have a maximum loan of £1.5 million and a Product Fee of £95. |
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|---|---|---|---|---|---|
Product |
Product Code |
Initial Rate |
The Overall Cost for Comparison is |
Maximum Loan to Value |
Early Repayment Charge (ERC) |
2 Year Fixed |
186635 | 5.70% | 7.8% APRC | None | * If the mortgage is fully/partially repaid within the first 2 years the following charges will be payable: 2.5% of the amount redeemed in the first year and 1.5% of the amount redeemed in the second year. |
5 Year Fixed |
186636 | 5.34% | 7.0% APRC | None | * If the mortgage is fully/partially repaid within the first 5 years the following charges will be payable: 5% of the amount redeemed in the first year, 5% of the amount redeemed in the second year, 4% of the amount redeemed in the third year, 3% of the amount redeemed in the fourth year and 2% of the amount redeemed in the fifth year. |
Variable |
171974 | 7.99% | 8.3% APRC | None | No ERC applies. |
*No ERC applies to overpayments of up to £500 per calendar month.
Changing Products
If you have a mortgage that is coming to the end of its initial rate period, you may be able to switch to another mortgage product. Product availability and lending decisions are subject to customer status, the value of the property and current lending criteria. The product will be subject to the relevant fee (detailed above).
The borrow back feature is not available on new UCB products. Switching your mortgage to a new product will result in the loss of this facility.
Early Repayment Charge (ERC)
If a mortgage product does not continue for its agreed term or if an overpayment is made, an ERC may be payable. The amount of ERC payable depends upon the terms and conditions of the product. Upon full repayment of the mortgage, a Redemption Administration Fee, currently £65, is payable on all products.
Annual Percentage Rate of Charge (APRC)
This is the total cost of a loan taking into account all costs, interest charges, product fees etc. This is then expressed as an annual rate of charge. This allows comparison of like with like when looking at mortgages on offer from different lenders.
Need to contact us
If you would like to get in touch with us, we’re always happy to help. Before you call, please have your mortgage account number available and be ready to confirm your identity. You'll need to answer questions about yourself and your mortgage account for security purposes.
Disclaimer
Please note that for our mutual protection and to improve service standards, we may monitor and/or record telephone calls.
Mortgages are secured on your property. You could lose your property if you do not keep up payments on your mortgage.
UCB Home Loans cannot offer you advice on our mortgage products or recommend which product may be suitable for your needs. If you need any advice about our mortgage products, please contact a mortgage advisor authorised by the Financial Conduct Authority. UCB Home Loans Corporation Limited (UCBHL) is a wholly owned subsidiary of Nationwide Building Society and is authorised and regulated by the Financial Conduct Authority under registration number 303556. Most Buy to Let mortgages are not regulated by the Financial Conduct Authority.
Registered Office: Nationwide House, Pipers Way, Swindon, SN38 1NW. Registered in England. Company Registration Number 1063539.
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