Jumpstart your 2025!
To get 2025 off to a flying start, we’re giving our brokers a welcome boost by launching a series of product and criteria enhancements across our residential ranges. Whether it be for a first-time buy, a home move or a remortgage these new releases will give a boost to your customers’ affordability options, borrowing potential and loan scope, over the coming weeks.
See below for details.
Boost Business – New 95% LTV Residential Mortgage Product
Our new limited-edition 95% LTV product is ideal for:
- First time buyers, home movers or those customers looking for a remortgage with non-standard property or construction
types, complex income or diverse financial circumstances. - Customers with limited savings but strong affordability
- Customers needing tailored solutions from a lender that Understands their unique circumstances and a manual underwrite.
Boosting Affordability – enhanced income criteria for first and second charge products
Employed customers:
- UTB now accept 75% of regular overtime, commission and bonus, with latest 2 payslips and P60.
- Simply key full amount into the Portal, the rest is done for you!
Self-employed customers:
- Applicants share of Net profit now used for income.
- Contractors now based on daily rate x 5 x 48 weeks.
Pensions and trusts:
- UTB will now use 5% of the capital as income.
- We will ignore year end lump sum pension contributions.
Boosting Loan Sizes – Mortgages now up to £2m
Our latest broker boost will help those customers looking for larger-loans who have specialist needs
such as complex income, unusual property types or historic adverse.
Larger-loans available for:
- Purchase or Remortgage
- £2.0m to 65% LTV
- £1.5m to 75% LTV
- £1.0m to 85% LTV
- £750k to 90% LTV
Boosting BTL – Product transfers now available with Buy to Let
You can now access BTL product transfers via our portal.
Benefits include:
- A procuration net fee payment of 0.4%
- Competitive rates
- Streamlined application process
To access:
Log into mortgage portal – complete the ‘Product Transfer Enquiry Form’ in less than two minutes. UTB will let you know what products are available, issue the illustration and offer all within 24 hours.
