UTB Mortgages: Max loan size increased to £2m

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

1APP Portal

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