Its 90% LTV lending is available across across UTB’s Super Prime, Prime Plus and Prime ranges for loans between £20,000 and £100,000.
Additionally, rates have been reduced across its Prime, Near Prime and Specialist products.
Fixed rates now start from 6.09% for Super Prime, 6.24% for Prime Plus, 6.64% for Prime, 7.29% for Near Prime and 7.49% for Specialist.
Buster Tolfree (pictured), director of mortgages, BTL and bridging at UTB, 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.
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“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.”
