United Trust Bank secured loans review

United Trust Bank offers a range of secured loans to UK homeowners including second-charge mortgages and first-charge "mini-mortgages". Borrow £10,000 to £250,000 over 3 to 25 years.

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United Trust Bank

United Trust Bank doesn’t provide secured loans directly to consumers, so you will need to apply through one of its brokers. The broker will receive a fee from United Trust Bank for its services. Always compare lenders to ensure you are getting the best deal for your circumstances.

Incorporated in 1955, United Trust Bank is a specialist secured lending bank. As well as providing homeowner loans, it offers a range of other products through its network of brokers. These products include bridging finance, professional loans and asset finance.

Whether you’re improving your home or consolidating debt, United Trust Bank could help with a secured loan of up to £250,000. It’s straightforward to apply online through one of its registered brokers.

Want to see which lenders can offer you a secured loan?

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Warning: late repayments can cause you serious money problems. See our debt help guides.

Warning: your home may be repossessed if you do not keep up repayments on your mortgage or any other loan secured on it.

What are second-charge mortgages and a mini-mortgages?

  • Second-charge mortgage. These are designed for customers who wish to raise additional funds secured on their home while leaving the existing first-charge mortgage on their home untouched.
  • Mini-mortgage. This would suit customers who want to release equity in their home at an amount that typically falls below the minimum for a standard mortgage.

Key features of a United Trust Bank homeowner loan at a glance

United Trust Bank provides second-charge and “mini-mortgages” to UK homeowners. This is a type of loan that is secured against your property.

  • Borrow £10,000 to £250,000. United Trust Bank will lend up to 80% of the value of your property, less the outstanding mortgage. There are no restrictions on this percentage for listed properties, ex-council properties or high-rise flats.
  • Repay over 3 to 25 years. Your repayment term will depend on your individual needs and circumstances as well as your credit score.
  • Competitive fixed or variable rates. Interest rates can be fixed for a set term to help you budget for the repayments.
  • Security. Your home will be used as security on your loan. Missing repayments will put your home at risk, so always ensure that you can afford the loan you are asking for before you apply.
  • Early repayment. United Trust Bank allows you to repay your loan early without a penalty. You can also make unlimited overpayments on your loan, which would save you money in interest.

Am I eligible for a United Trust Bank secured loan?

    You should only apply for a United Trust Bank secured loan if you are certain you can meet the repayment terms. You must also:
  • Be a homeowner
  • Live in England, Scotland or Wales
  • Be aged over 18
  • Be employed, self-employed or have a retirement income

How can I apply?

To obtain a secured loan from United Trust Bank, you will need to apply through one of its brokers. The broker will perform a credit check on the details you provide and assess your affordability before a decision is made on your loan.


Before taking out a homeowner loan, you should consider all of your options carefully. Other ways of gaining funds secured against your home or an asset include:

  • Car loans. These secured loans can be for new or used cars. You can find car loans from most banks and credit unions, as well as dealerships and standalone car loan lenders. You can usually repay the loan at any time by returning the car.
  • Line of credit loans. If you’re looking to renovate, invest in property, go on a holiday or buy a new car, you can consider this type of loan. Also called a “home equity” loan, it can be drawn on continually based on the equity held in your property. This is a flexible way to access funds, which could suit you if the amount of credit you need is going to change over time.
  • Personal asset secured loans. High-priced assets such as boats, motorbikes and jewellery are accepted by some lenders as a guarantee. Your item or collection of items is valued and then used as security, allowing you to take out the loan you need. You generally won’t find these loans at major banks.

Frequently asked questions

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