United Trust Bank has lifted its maximum loan-to-value ratio for first charge standard bridging loans to 75% from 70%.  

The specialist bank says the new maximum LTV applies to its regulated and unregulated standard bridging products.   

However, the maximum LTV for light and heavy refurbishment bridging loans remains at 70%, as does the maximum LTV for second charge bridging loans.  

Its bridging loan rates start at 77 basis points a month.  

United Trust Bank director of bridging Sundeep Patel says: “We are committed to supporting our brokers and helping them to secure the funding their clients need.   

“Brokers are telling us that their customers are looking for higher LTV bridging loans to help them seize opportunities and achieve their goals.   

“With the outlook for the economy becoming increasingly brighter, we’re delighted to show our growing confidence by offering up to 75% LTV bridging loans on suitable deals.”