UCB Home Loans has launched a limited offer self-cert 3-year tracker mortgage, priced at 5.09%.
It is set to track the Bank of England base rate plus 0.34% for three years and comes with a free standard valuation for both purchase and remortgage applications.
The loan is available up to 85% loan-to-value with no early repayment charge (ERC) after the first three years.
Within the three-year tracker period, the ERC is 3% of the original loan.
The arrangement fee is £495.