OMS users can now access UTB’s first charge residential mortgage products without rekeying data.
OMS users can now access UTB’s first charge residential mortgage products without rekeying data.
The lender has increased flexibility on benefits income for affordability, relaxed requirements for later life lending and enhanced AVM rules for second charge loan applications.
Rates now start from 0.57% per month for regulated and light refurbishment bridging loans.
The changes are designed to simplify and accelerate application to offer journeys for brokers and customers.
Alex has held previous roles at Octopus Real Estate and most recently Cohort Capital.
Rates have been reduced across the lender's super prime and specialist ranges.
The Bank has expanded its underwriting and KYC teams.
Stance Asset Finance will be powered by UTB’s operational functions and technology but will have dedicated BDM and underwriting teams.
The average time between offer and draw-down has reduced from 57 days to 30 days.
Rebwar will build and strengthen relationships with brokers operating in the South-West and Wales.
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