UTB Mortgages exceeds £2 billion lending milestone after record breaking first quarter

Published on

United Trust Bank Mortgages has topped off a record breaking first quarter of 2025 by exceeding £2 billion of total mortgage lending since launching into the sector.

Buster Tolfree (main picture), director of mortgages – United Trust Bank, said: “We set out to help brokers have a successful start to 2025 with rate drops, criteria enhancements and continuing to improve application processing and service through investment in technology.

“That activity has translated to record amounts of new business, and I’m delighted to say has rocketed us through the milestone of £2billion of lending well ahead of forecast.”

GREAT PRODUCTS

He added: “It took us seven years to lend our first £1billion of mortgages and at two and half years, it’s taken just under a third of that time to surpass £2billion. This fantastic growth is due to the hard work of the UTB team and the continued support of specialist mortgage brokers.

“For approaching a decade, we have always aimed to provide great products and excellent service, enabling brokers to take advantage of the growing specialist mortgage sector and to build their businesses. Smashing this milestone shows we must be getting something right!”

NEW BROKER API

UTB has announced a number of significant product and criteria enhancements already this year, including launching 95% LTV mortgage products and doubling its maximum mortgage size to £2million.

Most recently the lender launched a new Broker API allowing brokers to complete mortgage applications including running credit searches, checking affordability, uploading documents and running a DIP.

This further accelerates the speed and ease with which brokers can access and apply for UTB specialist mortgage products.

Latest POLL

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Advisers warned of regulatory risks over neglecting wills and LPAs in later life lending

Financial advisers could be falling short of regulatory expectations and endangering customer outcomes by...

Rosemount Financial Solutions announces senior promotions

Rosemount Financial Solutions (IFA) has announced a series of senior promotions as the growing...

L&G adds Harpenden Building Society to surveying services panel

Legal & General (L&G) has expanded its Mortgage Services business with the addition of...

HTB appoints Alexia Evans as lending director to strengthen development finance team

Hampshire Trust Bank (HTB) has appointed Alexia Evans as lending director within its development...

Other news

Advisers warned of regulatory risks over neglecting wills and LPAs in later life lending

Financial advisers could be falling short of regulatory expectations and endangering customer outcomes by...

Rosemount Financial Solutions announces senior promotions

Rosemount Financial Solutions (IFA) has announced a series of senior promotions as the growing...

L&G adds Harpenden Building Society to surveying services panel

Legal & General (L&G) has expanded its Mortgage Services business with the addition of...
Advertisement