United Trust Bank Mortgages for Intermediaries has expanded its proposition to include new build properties in its range of residential mortgage and buy-to-let products.

With evidence of an appropriate new build warranty or certificate, UTB will now accept:

• Off-plan purchases, subject to re-inspection before completion
• Maximum 5% new build incentives, including builder’s deposit

All other criteria and product features are the same as standard, including:

• Residential mortgages up to maximum 85% LTV and £1m, with interest rates from 5.99%.
• Buy-to-let up to maximum 80% LTV and £1.5m with interest rates from 4.84%.

Buster Tolfree (pictured), director of mortgages at United Trust Bank, said: “This expansion of our product range gives brokers more choice for clients who want to buy a brand-new home but have a complex income or credit history blips.

“At UTB we are all about helping people to fulfil their property dreams even if they don’t fit the criteria of mainstream lenders. I’m delighted that our common sense and flexible approach to property types, incomes and historic adverse now extends to this important sector of the property market.”