UTB eases rules on benefits, older borrowers and second charges

United Trust Bank has boosted criteria for residential and second charge mortgages to provide more flexibility on benefits income, later life lending and automatic valuations. The lender will now allow a wider range of benefits as part of its residential affordability checks. Following the update…

The post UTB eases rules on benefits, older borrowers and second charges appeared first on Mortgage Strategy.

UTB eases rules on benefits, older borrowers and second charges

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