United Trust Bank's (UTB) total mortgage lending has surpassed the milestone of £2bn since it first launched into the sector.

The milestone comes as the firm achieved a "record breaking" first quarter in 2025.

UTB has announced a number of significant product and criteria enhancements in 2025, including the launch of 95% LTV mortgage products and the doubling of its maximum mortgage size to £2m.

Most recently, the lender launched a new broker API to allow brokers to complete mortgage applications, including running credit searches, checking affordability, uploading documents and running a decision in principle.

UTB said that this "further accelerates" the speed with which brokers can access and apply for its specialist mortgage products.

Director of mortgages at UTB, Buster Tolfree, said: "We set out to help brokers have a successful start to 2025 with rate drops, criteria enhancements and continuing to improve application processing and service through investment in technology. That activity has translated to record amounts of new business, and I’m delighted to say has rocketed us through the milestone of £2bn of lending well ahead of forecast.

"It took us seven years to lend our first £1bn of mortgages and at two and half years, it’s taken just under a third of that time to surpass £2bn. This fantastic growth is due to the hard work of the UTB team and the continued support of specialist mortgage brokers. For approaching a decade, we have always aimed to provide great products and excellent service, enabling brokers to take advantage of the growing specialist mortgage sector and to build their businesses."

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