United Trust Bank (UTB) Mortgages has topped off a record breaking first quarter of 2025 by exceeding £2bn of total mortgage lending since launching into the sector.
UTB has announced a number of significant product and criteria enhancements already this year, including launching 95% loan-to-value (LTV) mortgage products and doubling its maximum mortgage size to £2m.
Most recently the lender launched a new broker API allowing brokers to complete mortgage applications including running credit searches, checking affordability, uploading documents and running a decision in principle (DIP).
Buster Tolfree, director of mortgages at United Trust Bank, said: “We set out to help brokers have a successful start to 2025 with rate drops, criteria enhancements and continuing to improve application processing and service through investment in technology.
“That activity has translated to record amounts of new business, and I’m delighted to say has rocketed us through the milestone of £2bn of lending well ahead of forecast.
“It took us seven years to lend our first £1bn of mortgages and at two and half years, it’s taken just under a third of that time to surpass £2bn.
“This fantastic growth is due to the hard work of the UTB team and the continued support of specialist mortgage brokers.”
He added: “For approaching a decade, we have always aimed to provide great products and excellent service, enabling brokers to take advantage of the growing specialist mortgage sector and to build their businesses.
“Smashing this milestone shows we must be getting something right!”
