Brilliant Solutions

United Trust Bank Update

United Trust Bank has announced an important product update. Click here for the latest Master Broker/Packager/Distributors product guidesOr 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. 


First Time Buyers Launched

With immediate effect we are pleased to confirm the following update from the UTB Mortgages division:

First Time Buyers Launched
Products are available in the Portal immediately, key details for FTB’s include:     

  • Max 80% LTV and £500k Loan Size
  • 0-Status 2yr, 3yr and 5yr fixed rates from 3.80%
  • FTB must have three items of active credit at application (excluding comms/mail order)
  • Minimum £25k Income, Maximum 4.50 LTI
  • Minimum £100k property value
  • Available for Gifted Deposit, Gifted Equity and Purchase at Undervalue
  • Not currently eligible for FTB: Interest Only, RTB, HTB and Shared Ownership

Please note that the maximum LTI for 0-status loans under 60% LTV has also been reduced from 6.0 to 5.0, with effect from today. Any applications already created on the Portal and in pipeline will be honoured, providing an offer is issued within the next 45 days.

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