Second charge volumes grew for the second consecutive month.

The top search term for second charges was capital raising for debt consolidation.

The products are targeted at customers who have overcome problems with their credit.

The launch of e-signatures will further increase the speed of the mortgage process.

UTB is now offering binding offers with special conditions, including first mortgage consent.

In 2023 overall, new business volumes were 10% lower than in 2022.

All registered introducers can now apply for a product transfer on behalf of their customers through the UTB portal.

Properties with an A, B, or C rating can secure an extra discount of up to 0.50%.

Rates have reduced by up to 70bps and now start from 6.59%.

The volume and value of lending both fell by 6% compared to 2022.