Product
United Trust Bank Prime Residential Criteria Matrix 30/09/2016
Max gross loan
£75,000
LTV
60%
Loan term
Base rate tracker % *
5 year fixed rate %
Revert rate
Credit score
Lender fee
Current mortgage
arrears
3.90%
5.40%
0 status 60% LTV
£150,000
£250,000
£75,000
60%
60%
70%
3 to 30 years
4.05%
5.55%
4.45%
5.95%
4.20%
5.70%
0 status 70% LTV
£150,000
£250,000
£75,000
70%
70%
75%
3 to 30 years
4.35%
5.85%
6.25%
7.75%
0 status 75% LTV
£150,000
£250,000
£75,000
£150,000
75%
75%
80%
80%
3 to 30 years
4.95%
6.45%
5.25%
6.75%
£695
£895
£495
None
None
None
None
No minimum Credit Score on all plans
8.75%
3 to 30 years
6.45%
6.95%
8.15%
8.45%
£695
£895
£495
£695
£895
£495
£695
None
None
None
None
None
None
None
1%
1%
1%
Mortgage arrears
no payments missed in the last 12 months
Unsecured Credit
no current unsecured arrears, previous arrears ignored
see lending criteria
CCJs/Defaults
Commission
(on net loan)
7.25%
5 Year Fixed Rates revert to equivalent BoE Tracker at the end of the fixed rate period
£495
0 status 80% LTV
1%
1%
1%
1%
1%
1%
1%
1%
Summary of Early Redemption Charges
•
None, with unlimited overpayments
•
£100 Land Registry Discharge Fee
*Tracker rates follow the BoE base rate at the stated margin, down to a BoE minimum of 0.50%
NEED EXPERT HELP? CALL 0800 810 1777
This information is for the use of FCA authorised mortgage intermediaries only
Product
United Trust Bank Near Prime Residential Criteria Matrix 30/09/2016
Max gross loan
£75,000
LTV
70%
Loan term
Base rate tracker % *
5 year fixed rate %
Revert rate
Credit score
Lender fee
Current mortgage
arrears
5.45%
6.70%
1 status 70% LTV
£150,000
£250,000
£75,000
70%
70%
75%
3 to 30 years
6.25%
7.50%
8.25%
9.50%
6.25%
7.50%
1 status 75% LTV
£150,000
£250,000
75%
75%
3 to 30 years
7.05%
8.30%
£495
£695
£895
None
None
None
No minimum Credit Score on all plans
£75,000
3 to 30 years
80%
9.45%
10.30%
10.70%
5 Year Fixed Rates revert to equivalent BoE Tracker at the end of the fixed rate period
£495
£695
£895
£495
None
None
None
None
1%
1%
Mortgage arrears
one payment missed in the last 12 months
Unsecured Credit
1 month's current unsecured arrears, previous arrears ignored
see lending criteria
CCJs/Defaults
Commission
(on net loan)
9.05%
1 status 80% LTV
1%
1%
1%
1%
1%
Summary of Early Redemption Charges
•
None, with unlimited overpayments
•
£100 Land Registry Discharge Fee
*Tracker rates follow the BoE base rate at the stated margin, down to a BoE minimum of 0.50%
NEED EXPERT HELP? CALL 0800 810 1777
This information is for the use of FCA authorised mortgage intermediaries only