UCB announces increasing rates on its two-year self-cert

Self Certification Flexible 2 Year Fixed (purchase and remortgage) available at 5.14%, APR 6.7%

Self Certification Flexible 2 Year Fixed (remortgage only) available at 5.24%, APR 6.7%

All other self-certification fixed rates and buy-to-let fixed rates remain unchanged.

Keith Astill, managing director of UCB Home Loans said: “The market has enjoyed a period of low fixed rates over recent months, but we can see that the tide may be beginning to turn”. He added: “Many other lenders in our market have increased fixed rates across their entire product range, whilst we’ve only applied this relatively small increase to our 2 year Self Certification products. Not only do we remain competitive in this area, but our 3 and 5 year self-cert fixed rates and our complete Buy to Let range have some of the most competitive rates and lowest arrangement fees in the market.”