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
Part 1: New Second Charge Product Bandings and Pricing
Designed to give more flexibility to customers who don’t fit High Street criteria, we are introducing two new price bandings and revised rates for our second charge loans, starting from 5.39%.
Introducing the Super Prime & Specialist range
Super Prime
- No CCJs/defaults in 48 months
- Up to 90% LTV
Specialist
- Up to two CCJs and two defaults in 24 months
- Up to 80% LTV
Plus
- Our Prime range now allows 1 in 12 for secured loans/mortgages and 1 in 24 for CCJs/defaults below 85% LTV
More benefits with UTB
E-Deeds – Sign mortgage deeds online; no wet signatures required
Unlimited overpayments – Greater flexibility for your customers
Reduced fees – Loans below £60k now just £595
High LTV options – Up to 90% LTV with unlimited overpayments
AVMs – Available up to 85% LTV
Wide borrowing range – From £25k up to £1m
Pipeline Reminder:
Existing scored applications will be honoured until Friday 27th March.
Quick Reminder
If a case fails on one product range, don’t give up. It may still fit another. Please re-dip the case to check alternative options