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What (who) is UCB Home Loans - definition
UCB Home Loans
UCB Home Loans Corporation Ltd (from Union de Crédit pour le Bâtiment) is a specialist mortgage lender of Nationwide Building Society, working primarily through regulated intermediaries. UCBHL operated out of a single location in Sutton with over 300 employees, relocating to Bournemouth and merging with the Portman Building Society's The Mortgage Works in 2007 following Nationwide's merger with the Portman.
Refund Home Loans
Refund Home Loans was an Australian mortgage services company founded by Wayne Ormond in 2004. The company created a franchised network of remote working mortgage brokers.
Examples of use of UCB Home Loans
1. UCB Home Loans spokeswoman Vanessa Wood said the number of people wishing to buy abroad was a lot higher than the company had expected.
2. Forty–eight percent thought their first home would cost less than 150,000 ($265,732). UCB Home Loans said the average house price currently stood at 157,250 and the average price for first–time buyers was 128,105.
3. Stuart Bernau, its commercial and communications director, said its UCB Home Loans subsidiary used to limit landlords to two buy–to–let mortgages, but would now give them up to 10 each.
4. A survey of 16– to 21–year–olds commissioned by UCB Home Loans showed that '2 percent of those questioned intended to own their own homes and 32 percent aimed to head overseas to buy.
5. Article continues But a survey of attitudes among financial advisers by UCB Home Loans, a subsidiary of Nationwide building society, showed that more that two thirds planned to buy a buy–to–let property using their pension and a similar number planned to recommend their clients do the same.