UTB Mortgages Enhances Residential Second Charge Loan Proposition with Return of 90% LTV Lending and Rate Reductions
03 August 2026
United Trust Bank (UTB) Mortgages has strengthened its Residential Second Charge proposition with the reintroduction of lending up to 90% loan-to-value (LTV) and rate reductions of up to 60 basis points across selected Prime, Near Prime and Specialist products.
Available from the 3rd August, the latest enhancements are designed to provide brokers with greater flexibility and more competitive options for customers looking to raise capital for home improvements, debt consolidation and a wide range of other borrowing needs.
The enhancements include:
- 90% LTV lending reintroduced across UTB's Super Prime, Prime Plus and Prime ranges for loans between £20,000 and £100,000.
- Rate reductions of up to 60bps across selected fixed-rate products in the Prime, Near Prime and Specialist ranges.
Fixed rates now available from:
- 6.09% – Super Prime
- 6.24% – Prime Plus
- 6.64% – Prime
- 7.29% – Near Prime
- 7.49% – Specialist
The latest changes build on UTB's continued investment in its second charge proposition, providing brokers with greater choice and helping more homeowners access competitive finance without disturbing their existing first charge mortgage.
Buster Tolfree, Director of Mortgages, BTL & Bridging at United Trust Bank, commented:
"The second charge market continues to grow and evolve as more homeowners recognise the value, flexibility and speed of second charge loans and the convenience of accessing equity in their home, especially if they want to retain a competitive first charge mortgage. Reintroducing lending up to 90% LTV and reducing rates across key parts of our range means brokers have even greater flexibility to help customers achieve their financial goals.
"We're continually reviewing our proposition to ensure it reflects changing market conditions and broker feedback. Whatever the purpose of the loan, our focus remains on providing competitive products, flexible criteria and the high levels of service brokers expect from UTB."
