V Loans adds United Trust Bank to panel
V Loans has expanded its lender panel with the appointment of United Trust Bank, underlining the growth in the second charge market.
Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in C:\inetpub\wwwroot\2025.financialreporter.co.uk\htdocs\templates\front-end\partials\article_blockquote.php on line 2
United Trust Bank, which was established in 1955, has a long history in the specialist lending market and 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 years, is particularly applicable to older borrowers.
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 – 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."
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Buy-to-let
Buy-to-let market 'in transition' as landlords turn to refinancing
MPowered Mortgages
MPowered closes to new business amid potential sale
Budget
Reeves lays groundwork for tax rises in surprise pre-Budget speech
FCA
FCA bans and fines adviser £100,000
Bank Of England
Interest rates held at 4% in narrow 5-4 vote
Budget
What taxes could be raised in the Autumn Budget?
