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HTB appoints Scott Apps as development finance distribution boss
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Finanze Group appoints Keehner MD of property division
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UTB launches industry first PT for seconds; Castle Trust adds flexible bridge – round-up
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United Trust Bank has introduced product transfer options for residential and second charge mortgages. The specialist lender says offering a second charge product transfer (PT) option is an industry first. It will offer mortgage advisers 1% procuration fee on second charge PTs and 0.4% on PTs for residential
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.