UTB Reduces Rates by up to 55bps Across a Selection of its Second Charge Loan Products
05 March 2026
United Trust Bank Mortgages has announced rate reductions of up to 55bps* across a selection of its Second Charge Loan product range with rates starting from 5.39%.
Super Prime Range
- 2yr Fixed from 5.89%
- 3yr Fixed from 5.79%
- 5yr Fixed from 5.39%
- 5yr Fixed with no ERCs from 6.35%
Prime Plus Plans
- 2yr Fixed from 6.49%
- 3yr Fixed from 6.39%
- 5yr Fixed from 5.74%
- 5yr Fixed with no ERCs from 6.40%
Earlier this year UTB introduced two new product tiers, Super Prime - designed for customers with no CCJs or defaults in the last 48 months, and Specialist - for customers with up to two CCJs and two defaults within the last 24 months.
The Bank also increased its maximum loan size to £1m (up to 80% LTV) and enhanced its AVM criteria up to 85% LTV. Unlimited overpayments are also allowed on all plans, with early repayment charges (ERCs) only applicable upon full redemption. Product fees were removed for loans below £40,000 and digital signing for mortgage deeds and direct debit mandates was introduced at the end of 2025.
Full details can be found in UTB’s Second Charge Loan Product Guide HERE
Andrew Ferguson, Commercial Director – Mortgages, BTL & Bridging - United Trust Bank, commented:
“These rate reductions, combined with product and criteria enhancements introduced earlier this year, give brokers and their customers even greater choice, flexibility and value for money when looking for a loan which offers both speed and versatility.”
Brokers can register to use UTB’s services at www.utbankmortgages.co.uk
