UTB is now offering binding offers with special conditions, including first mortgage consent.

In 2023 overall, new business volumes were 10% lower than in 2022.

All registered introducers can now apply for a product transfer on behalf of their customers through the UTB portal.

Properties with an A, B, or C rating can secure an extra discount of up to 0.50%.

Rates have reduced by up to 70bps and now start from 6.59%.

The volume and value of lending both fell by 6% compared to 2022.

The lender has also made a series of enhancements to its second charge range.