United Trust Bank increases maximum LTV to 95% across residential mortgages

By Bridging Loan Directory 6th February 2025

United Trust Bank Mortgages has announced that it has increased the maximum LTV across its residential mortgage product range to 95%.

The move is the latest in a series of product and criteria enhancements designed to help mortgage brokers write more business and place more cases for customers falling outside of mainstream lender appetite.

It follows the specialist lender recently doubling its maximum residential mortgage loan size to £2m and introducing a raft of affordability boosting income criteria changes.

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.

Products are available on the UTB Mortgages Portal and listed on all major sourcing systems.

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 – United Trust Bank, commented:

“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.”