United Trust Bank has announced an important product update. Click here for the latest Master Broker/Packager/Distributors product guides. Or here for the updated product guides for Direct/Networks/Club. If you have any new applications you wish to discuss, please Contact us for more information.
ANNOUNCEMENTS
Bank Statements – NO LONGER REQUIRED
Effective immediately, UTB do not require bank statements as standard at application. Customer Bank Account details will now be verified digitally, with no additional information or work required by yourselves, or the customer. This means:
- Less paperwork
- Faster turnaround times
- A smoother, more efficient application journey
We’re committed to making your experience with UTB as seamless as possible. Recent Second Charge enhancements include:
- £0 Product Fee on loans under £40k (used to be £995)
- Max loan increased to £1m up to 80% LTV (ERC plans only)
- Unlimited overpayments on all second charge loans
- Loans available up to 90% LTV
- AVM criteria has been enhanced, covering c85% of all cases