Finance Focus – Case Studies

United Trust Bank (UTB) is funding the construction of a contemporary £29m development of 20 new apartments and 8 detached houses in a sought-after coastal village. The borrower is a highly regarded and multi award-winning house builder specialising in identifying and acquiring sites in outstanding coastal locations and creating highly desirable residential developments. Over the…

United Trust Bank’s (UTB) Structured Property Finance (SPF) team was approached by a broker seeking funding for their customer to complete the purchase of a redundant office building with the benefit of planning to convert the premises into a residential apartment block.

United Trust Bank (UTB) is funding a £5m residential led mixed use development through its innovative Housing Accelerator Fund, a public private finance partnership launched by Homes England and UTB earlier this year to improve financial support for the building activities of small and medium sized housebuilders and developers. The scheme comprises 13 new apartments…

United Trust Bank’s Bridging team was approached by an experienced father & sons property development business seeking funding to acquire their next project property. The borrowers had agreed to purchase an unmodernised end of terrace house with an annexe, both set on a large plot with potential for creation of an additional property on the…

Our customer wished to borrow £234,000 as a second charge against his main residence in order to settle a large income tax bill. The borrower had fallen foul of controversial retrospective tax legislation known as ‘Loan Charge’. HMRC have applied Loan Charge to around 50,000 self-employed people in the UK who previously used Umbrella Companies…

A demolition company required capital to continue the expansion of their operation and acquire further excavators. Their existing fleet, on finance with another funder, had sufficient equity to allow UTB to settle the outstanding facility and provide the extra £850k they needed to purchase the additional plant. Acting quickly, we paid out the day after…

The Structured Property Finance (SPF) team was approached by an existing customer to provide funding for the acquisition of two light industrial properties in South London. The purchase was part of a site assembly project to unlock a large, residential led mixed use new build scheme. The new properties, along with an existing building already…

United Trust Bank (UTB) is funding a £6.7m development of 25 new family homes in a rural Cumbrian village. The scheme is being undertaken by experienced and successful regional housebuilder in a joint venture (JV) with the Housing Growth Partnership (HGP). UTB was approached by the borrowers after the original funders withdrew their offer following…

United Trust Bank was approached by an experienced property professional to assist with the purchase of a three storey, three-bedroom mid-terraced house with a view to converting it to a 6-bedroom HMO. The borrower held a small portfolio of investment properties, including similar HMOs, and the valuation together with our own research gave us comfort…

United Trust Bank’s Bridging team was approached by a broker acting on behalf of a client who wished to purchase a large, detached house in London but with various challenges to overcome. The house was arranged as three flats with planning permission in place to return the house to a single dwelling. It was the…