United Trust increases maximum LTV to 95%

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

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 property types and locations or applicants with other specialist requirements.

In its prime plus range, 95% LTV products include a lifetime tracker at Bank Rate +3.38%, a two-year fix at 7.29%, three-year fix at 7.59%, and five-year fixes from 7.04%.

95% LTV prime plans include a lifetime tracker at Bank Rate +3.54%, two-year fix at 7.89%, three-year fix at 7.79%, and five-year fix at 7.64%.

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

Buster Tolfree, director of mortgages at 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.”