News and media

Our customer wished to borrow £234,000 as a second charge against his main residence in order to settle a large income tax bill. The borrower had fallen foul of controversial retrospective tax legislation known as ‘Loan Charge’. HMRC have applied Loan Charge to around 50,000 self-employed people in the UK who previously used Umbrella Companies…

Being a single father of a teenager can be expensive. Our applicant noticed the balances on his credit cards were creeping up and his disposable income was shrinking. He decided it was time to sort out his finances and make a fresh financial start in the New Year. The applicant discussed his options with a…

United Trust Bank has launched a new range of first charge residential house purchase mortgage products designed for customers underserved by mainstream mortgage lenders. The new products are aimed at…

United Trust Bank has launched a facial recognition ID verification service through a bespoke smartphone App aimed at saving its mortgage introducers and customers time, hassle and money. The new…

Our applicant, a self-employed professional with an expanding business, wanted to put the equity in their home plus some savings to good use by investing in a buy to let (BTL) property. The applicant discussed their options with their Credit Intermediary, who was an approved introducer for UTB, and together they completed a fact find…

With our recent entry to the specialist remortgage market, UTB was able to assist a semi-retired, self-employed couple re-mortgage their home and consolidate most of their existing credit, releasing over £500 per month of disposable income. Our applicants had just over a year of their interest-only mortgage left to run but no means to repay…

As all parents know, raising a family can be a very expensive business. Even more so when you have pre-teen twins! Our applicants realised that their spending was beginning to get beyond their means. With a high number of credit cards and loans, their monthly outgoings were increasing, action was required, and they needed to…

Improving part of your home can often make you realise that the whole place could do with a refresh. Our customers found this out just over a year after completing a loan with the Bank for this purpose. They wanted to continue the improvements, but who should they approach? United Trust Bank of course! We…

United Trust Bank has restructured its Mortgages Key Accounts team as it targets further growth in 2019. Jigar Patel has been promoted to the role of ‘Head of Key Accounts…

At United Trust Bank we caters for self-employed applicants and last year we amended our criteria to help applications proceed swiftly and smoothly This helped a couple with the refinancing of an unsecured loan and provide them with some extra cash to treat themselves to a holiday and complete some home improvements. Our applicants had…