All variable rate products will reduce by 0.5 per cent from 1 December 2001 for both new and existing customer, including its two-year discount, FlexiPlus mortgage and Buy2Let discount products.
Charles Reed, managing director of UCB Homeloans, said: “Once again UCB is pleased to be able to pass on the full rate reduction to both new and existing customers, when other players in the market have passed on the full benefit to their new customers.”
