United Trust Bank Mortgages has increased the maximum loan to value (LTV) across its residential mortgage product range to 95%.
The specialist lender recently doubled its maximum residential mortgage loan size to £2m and introduced a series of criteria changes designed to improve affordability.
The new maximum 95% LTV is available across UTB’s residential mortgage range and suitable for purchase, remortgage and first-time-buyer applications.
Customers may include those with complex income, previous adverse credit history, those with unusual or unfavoured property types and locations or applicants with other specialist requirements.
95% LTV highlights:
- 95% LTV Prime-Plus Plans:
- BoE Lifetime Tracker +3.38%
- 2yr Fixed 7.29%
- 3yr Fixed 7.59%
- 5yr Fixed 7.04%
- 5yr Fixed with no ERC 8.04%
- 95% LTV Prime Plans:
- BoE Lifetime Tracker +3.54%
- 2yr Fixed 7.89%
- 3yr Fixed 7.79%
- 5yr Fixed 7.64%
- 5yr Fixed with no ERC 8.64%
Buster Tolfree, director of mortgages at United Trust Bank, said: “Increasing our maximum LTV to 95% on our residential mortgage range is great news for brokers looking to place specialist cases for customers with restricted deposits, those who wish to keep more of their cash and customers looking to release as much equity as they can via a remortgage.
“Our ‘Get January Jumping’ campaign helped brokers get 2025 off to a great start and I’m delighted that we’re continuing to make these product and criteria enhancements into February and perhaps even beyond.”
