A single applicant wished to consolidate his outstanding secured and unsecured debt and release some capital to install double glazing and replace the boiler in his 3-bedroom terraced house. The applicant had some historical adverse credit totalling £4898 dating back to 2020. However, UTB considered the case as a whole, was able to include additional income exceeding the usual 50-hour cap and turned around the remortgage in 15 working days from submission to funds release.
| Why UTB? | Remortgage applicant with adverse credit history and non-standard employment |
| Product | Residential Mortgage for Home Improvements |
| Applicant | Single applicant with 2 defaults obtained 3 years ago |
| Timings | 15 working days from submission to funds release |
| Special Feature | UTB able to include additional income exceeding the usual 50-hour cap |