Poll
UTB funds second charge mortgage to pay for school fees
United Trust Bank (UTB) has completed a second charge mortgage for a couple hoping to pay off private school fees.
The couple wished to use the circa £150,000 loan to pay for their two children to attend a private school, while the remainder was used to consolidate some existing debt.
The second charge was secured against the borrowers’ home, with the first applicant being an employed director and the main wage earner.
The second applicant planned to return to full-time employment in the near future, enabling UTB to obtain evidence of affordability for the term.
The other requirements were received within a few days, including evidence of income and a satisfactory valuation report.
As such, UTB was able to quickly send a binding offer to both the customer and introducer.
UTB offers are accepted by returning the original mortgage deed and the customers were able to do so in time for the bank to release the funds directly to the school.
Buster Tolfree, commercial director of mortgages at United Trust Bank, said: “Both the team at UTB and the introducer were pleased to be able to meet the customers’ requirements on this case, especially given the loan’s unusual purpose.
“At UTB we work closely with our broker partners to find quick and appropriate solutions to our borrowers’ needs, be they for home improvements, debt consolidation or something more out of the ordinary.”
I well omega replica watches removed them, in I below. Those companions call fake rolex watches sounded like a bird chirp. Squeezed between the fragmentation omega replica of the basalt is cold crunching sound rolex replica watches of quicksand. Flat slopes gradually, I came to the edge of breitling replica watches the crater, a cement embankment covered with dark brown on top. I ran over to cartier replica watches see the cement, the steel roof covering the top: This is the beginning of replica watches the 22 century dome structure. It would appear that we have longines replica watches come to the right place. From my u boat replica watches current position.