UTB are pleased to announce an increase in the maximum loan sizes across the Residential Mortgage product range.
These changes apply to all Prime-Plus, Prime and Near-Prime plans and will be live on Tuesday 28 January on the 1APP lender portal.
Larger loan criteria:
- £2.0m to 65% LTV
- £1.5m to 75% LTV
- £1.0m to 85% LTV
- £750k to 90% LTV
- Purchase or Remortgage applications
- Capital Repayment or Interest only (max 75%, or 70% for downsize)
Larger-loan USPs:
- Available to customers with complex or self-employed income
- Borrower with imperfect credit, or historic adverse, accepted
- Terms up to 40yrs with a max age of 85
- Unusual properties and non-standard construction accepted
- Manual underwriting allows us to take a view where others may not
- Interest Only available to 75% (70% for downsizing) with affordability assessed on the interest only payment
Can we help?
Just ask our team what we can do to support you and your clients
To discuss a case call 0330 127 0000
or email newbusiness@allmoneymatters.co.uk
Refer your case to us call 0330 127 0001
or email info@allmoneymatters.co.uk