Secured loan broker V Loans has expanded its lender panel with the appointment of United Trust Bank.

United Trust Bank, which was established in 1955, launched into second charge mortgage products earlier this year.

Its product range includes Bank of England base rate trackers from 4.95% and five-year fixed products which revert to base rate trackers at the end of the fixed period.

The lender focuses on bespoke underwriting without applying minimum credit score thresholds, with terms available up to 30 year.

Marie Grundy, managing director of V Loans, said: “United Trust Bank is a valuable addition to our panel of lenders and to the second charge market as a whole which is seeing very strong growth in response to customers and broker demand.”

Buster Tolfree, commercial director of specialist mortgages at United Trust Bank, added: “As a new entrant to the second charge market it has been very important for us to offer something new and different. Working with Master Brokers such as V Loans we have been able to help underserved customer sectors, and also improve conversion for our Master Brokers too.”