United Trust Bank announces buy to let mortgage rate reductions

By Bridging Loan Directory 25th March 2025

United Trust Bank Mortgages has announced significant rate reductions across its Buy-to-Let (BTL) mortgage product range with reductions of up to 176bps.

The specialist lender is particularly keen to attract more HMO, MUB and holiday let business with 5-year fixed rates for single dwelling AST products starting from just 4.99% and HMOs/MUBs from 5.29%.

Full details of all interest rates, and 2%, 3%, 4% and 5% Product Fee options, can be found in UTB’s BTL Product Guide, and highlights are summarised below:

Standard (single dwellings on an AST)

2yr Fixed Rates from 5.69%
5yr Fixed Rates from 4.99%

Specialist (HMO and MUB up to 10 rooms/units)

2yr Fixed Rates from 5.69%
5yr Fixed Rates from 5.29%

Non-Standard (Holiday Lets)

2yr Fixed Rates from 5.89%
5yr Fixed Rates from 5.94%

Buster Tolfree, Director of Mortgages – United Trust Bank, commented:

“It has been a bumpy couple of years for landlords and BTL brokers with the sector having to deal with higher interest rates, tougher EPC requirements and uncertainty created by the Renters Rights Bill.

However, in our experience landlords are a resilient bunch and with good quality rental property still in short supply, it’s a sector we’re committed to supporting for the long term.

As a prominent lender in the specialist BTL space, we feel obliged to lead from the front, and these rate reductions support brokers by giving them greater choice and better deals for their specialist landlord customers.

Combine our new pricing with our common sense criteria and underwriting approach, and we’re expecting to be kept busy for the foreseeable future.”