United Trust Bank (UTB) has introduced a range of first-time buyer residential mortgages.
The products are available to a maximum loan to value (LTV) of 80% LTV and a maximum loan size fo £500,00.
Deals are fixed for two, three and five years, with rates from 3.80%.
Gifted deposits, gifted equity and purchase at undervalue will be accepted.
Buster Tolfree (pictured), commercial director – mortgages, United Trust Bank, said: “This is yet another step towards UTB offering a full suite of specialist mortgage products catering for customers requiring a bespoke underwriting approach rather than the sausage-factory attitude of more generic credit-score based high-street lenders.
“Brokers are increasingly discovering why UTB is a becoming a lender they should consider for cases needing more flexibility and common sense underwriting than mainstream lenders can deliver.
“We’ve supported brokers throughout the pandemic and their feedback on the development of our product range and technology led service has been overwhelmingly positive. We’re looking forward to another busy year and more exciting changes to come.”