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
UTB: Residential Mortgages from 5.99% and MAJOR product expansion!
We are pleased to announce a series of major improvements and expansions to our Residential Mortgage product range. These changes will be released on Wednesday 20 March, all pipeline applications sold on older products and criteria will be honoured indefinitely.
Residential Mortgages changes
New rates will be available across all Prime-Plus (0-Status), Prime (1-Status) and Near-Prime (2-Status) plans. Details can be found in our newly designed Residential Mortgage Product Guide and are summarised below:
- New Interest rates include:
- BoE Lifetime Trackers from +2.19%
- 2yr Fixes from 6.44%
- 3yr Fixes from 6.39%
- 5yr Fixes from 5.99%
- 5yr Fixes, with only 2yr ERC from 6.84%
- Product options available up to 85% LTV and £1m loan sizes.
- £1,495 Product Fees across all plans.
- New acceptable adverse rules across entire range, catering for wider customer needs.
- Interest Only (75% LTV) and Mortgages Prisoners (60% LTV) options available.
- Unencumbered (70% LTV) with a 0.5% loading also available.
For new case enquiries, please contact your Broker Relationship or Key Accounts Manager directly on 020 7031 1551, or email [email protected]. For updates on cases already submitted to us please call 020 7031 1552, or upload existing documents through the mortgage portal at www.utbankmortgages.co.uk.
Second Charge Loan Rate Reductions, and Product Expansion!
Following yesterday’s Residential Mortgage update, we are pleased to announce a further series of improvements today within our Second Charge Loan product range.
These changes will be released on Wednesday 20 March, all pipeline applications sold on older products and criteria will be honoured indefinitely.
Second Charge Loan changes
New rates will be available across all Prime-Plus (0-Status), Prime (1-Status) and Near-Prime (2-Status) plans. Details can be found in our newly designed Second Charge Loan Product Guide and are summarised below:
- New Interest rates include:
- BoE Lifetime Trackers from +3.24%
- 2yr Fixes from 7.29%
- 3yr Fixes from 7.19%
- 5yr Fixes from 6.59%
- 5yr Fixes, with no ERC from 7.89%
- Product options available up to 85% LTV and £500k loan sizes.
- Product Fees now £995 up to £125k, and £1,495 up to £500k.
- New acceptable adverse rules across entire range, catering for wider customer needs.
For new case enquiries, please contact your Broker Relationship or Key Accounts Manager directly on 020 7031 1551, or email [email protected]. For updates on cases already submitted to us please call 020 7031 1552, or upload existing documents through the mortgage portal at www.utbankmortgages.co.uk