You are here: Home - News -

UCB launches online AIP

  • 04/12/2001
  • 0
UCB Home Loans has launched a fully underwritten online agreement in principle (AIP) service which h...

UCB Home Loans has launched a fully underwritten online agreement in principle (AIP) service which has been piloted among introducers for the past two months and is now live on the lender’s website.

Tony Jones, head of business development at UCB, said: ‘It is not a standard service with the usual facilities such as credit checking as ours is fully underwritten. Usually if you apply online, no-one actually looks at it, whereas with our service we ensure an underwriter checks it.’

Before an agreement is made, UCB will assess income, lending criteria and check a customer’s credit. Enquiries placed before 3pm will receive a decision on the same day.

The service uses an online application form, which provides UCB with all the information required to make a lending decision. Jones added: ‘Introducers have a choice of how to receive confirmation of the AIP. After emailing their application they can choose to receive a response by email, fax or phone.’

One of the benefits of the online service is that it saves intermediaries time. Charles Reed, managing director at UCB, said: ‘The new AIP system provides intermediaries with access to a fast online decision, 24 hours a day, seven days a week. It is extremely easy to use and we can usually provide a fully checked and underwritten agreement within two hours.’

‘Clients details remain confidential, as the service is fully encrypted via a secure section of the UCB website,’ he added.

For more information log on to


There are 0 Comment(s)

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.


Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.


Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.


Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.
Read previous post:
New boss required by Mortgage Brain

Mortgage Brain is advertising for a new chief executive and IT director to help take the trading pla...