United Trust Bank has seen its active mortgage loan book exceed £1bn for the first time.
Since its launch in the mortgage market in 2016 with its second-charge offering, the bank has introduced multiple new products, including a specialist first-charge range for purchases, remortgages and unencumbered properties in 2020, as well as a specialist BTL proposition in 2022.
UTB expects to see a 24% growth in new business this year.
“This is a momentous milestone for the bank and a fantastic achievement for the mortgage team,” said UTB’s director of mortgages, Buster Tolfree (pictured above).
“We couldn’t have achieved a £1bn without the support of our amazing broker partners — many of them have helped us to develop our proposition along the way, testing new tech and processes and giving honest feedback.
“This collaboration and our commitment to continually improving mortgage journeys for brokers and customers has gained us some very good and loyal friends.
“We have built our reputation on being a dependable specialist mortgage lender that is happy to take a view on cases which fall outside of norm, and who is committed to supporting brokers through whatever the market and economy can throw at us.
“Although the outlook may be uncertain, we’re here for the long term and excited about what the future holds.”
