Tuesday, February 28, 2012

UHomeloan website getting a much needed improvement

On the 19th March 2012, UBank customers who have a home loan will be able to log in and see their transaction history, redraw from their loan, advise of extra payments and many other things that are currently only possible through their call centre.

UHomeloan has been a very, very basic offer of a home loan from UBank which gives a variable rate of 6.23% - much better than other competitors. However, their online support has been very lacking. When you log into the website, all you really see is the home loan balance and one button for you to check the last 30 days of transactions. Everything else is done over the phone.

We're looking forward to the changes and will report again after the changes are made. Saying all this, UBank's UHomeloan is incredibly competitive so if you have your home loan for more than 2 years, you could probably consider refinancing with their 6.23% rate and save thousands. IF you know of other better deals, please feel free to leave a comment below.

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