United Trust Bank Mortgages has increased the maximum LTV across its residential mortgage product range to 95%.
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.
Commenting on the decision UTB 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.
