We are pleased to announce the following change across our entire Second Charge Loan product range.

We will now progress applications to completion with Consent to Follow, helping you deliver quicker outcomes for your customers. This improvement removes one of the most common delays in second charge packaging, reducing overall completion times and enabling customers to access funds faster – without waiting for first charge consent upfront.

First Charge lenders where UTB will accept Consent to follow post drawdown:

To keep cases progressing smoothly, please note:

• For Packaged applications it will remain the Introducers responsibility to request, chase and submit the first charge lender consent, and provide it to UTB as soon as possible following completion via the deeds inbox (Deeds@utbank.co.uk). Post completion, packaging Introducers must continue to chase the first charge lender. UTB will send regular reports showing any outstanding consents still required.
• For direct to lender applications, where UTB act to package the application, UTB will continue to obtain consent, as today

This enhancement is part of a wider programme of service and process improvements designed to make working with UTB even simpler, faster and more efficient.

For new case enquiries, please contact our sales team on 020 7031 1551 or email mortgage.enquiries@utbank.co.uk.

For updates on submitted cases, call 020 7031 1552, or upload documents at www.utbankmortgages.co.uk.