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United Trust Bank cuts second charge processing times by five days   – Mortgage Strategy

United Trust Bank Mortgages for Intermediaries has moved to cut second charge application-to-offer times by around five days by offering binding offers with special conditions, including first mortgage consent.   The specialist lender says it’s common for first mortgage lenders to place a restriction at the Land

UTB cuts second charge rates by up to 70bps, lifts LTI cap   – Mortgage Strategy

United Trust Bank Mortgages for Intermediaries has cut interest rates across its second charge range by up to 70 basis points, with five-year fixes for prime borrowers starting at 6.59%.   The specialist lender has also lifted its maximum loan-to-income ratio to 4 times for all 80% loan-to-value to 85% LTV products.

UTB slashes landlord rates by up to 130bps, lowers ICRs   – Mortgage Strategy

United Trust Bank Mortgages for Intermediaries has cut fixed-rate loans across its buy-to-let offering by up to 130 basis points and made criteria changes to its landlord range.   The specialist lender says income cover ratios will return to a minimum of 125% for basic rate taxpayers and limited companies and 130%

UTB cuts second charge rates by up to 70bps, reduces fees   – Mortgage Strategy

United Trust Bank Mortgages for Intermediaries has cut second charge rates by up to 70 basis points, with and five-year terms for prime borrowers starting at 7.55% for up to 65% loan to value.   The specialist lender has also reduced product fees for these types of loans under £25,000 to £395.    It says the moves

United Trust Bank cuts second charge rates by up to 114bps  – Mortgage Strategy

United Trust Bank Mortgages for Intermediaries has cut interest rates on its second charge offers by up to 114 basis points on selected loan to value ratios.  The specialist lender says its 0-Status five-year fixed-rate product, without an early repayment charge has been reduced to 8.5% from 9.64%, for loans up to

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