At UTB, our flexible lending approach and ability to support a wide range of borrower circumstances mean we can deliver pragmatic second charge solutions that genuinely improve customers’ financial wellbeing.
So when two applicants in London needed a 65% LTV loan to consolidate multiple debts into one manageable payment, we were able to provide the right outcome quickly and smoothly.
| Why UTB? | 65% LTV loan for debt consolidation 2 applicants based in London, 1 employed, 1 self-employed builder |
| Product | Near Prime Second Charge |
| Loan amount | £59,000 |
| Special Features | Looking to consolidate some credit card debt, an unsecured loan and pay off the car. Loan taken over 25 years creating one affordable monthly payment. 3 weeks from app to completion. |
This case study highlights how UTB’s flexible, customer focused approach delivers practical solutions for borrowers looking to streamline their finances.
Two London based applicants — one employed and one a self employed builder — needed a simple way to consolidate multiple debts into one manageable payment. UTB’s Near Prime Second Charge product was the ideal fit, offering a 65% LTV loan designed specifically for debt consolidation.
With a £59,000 second charge loan over 25 years, the applicants were able to combine credit cards, an unsecured loan, and car finance into a single, affordable monthly payment. This not only simplified their outgoings but also improved long term financial stability.
This scenario demonstrates UTB’s strengths: support for varied employment types, competitive LTVs, and a commitment to solutions that genuinely improve customers’ financial wellbeing.
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