Finance Focus – Case Studies

Klara Hanrahan, one of UTB’s dedicated Asset Finance BDMs, was determined to show a successful East Anglian brokerage what a great service the Bank could offer them and their clients. Since taking over the patch at the start of 2018 Klara had made a point of making several trips up the A11 to Norwich to…

United Trust Bank’s Bridging team were approached to assist a couple in the purchase of a piece of land with planning permission for the construction of two new family homes. The husband and wife team jointly owned a limited company which would be the legal borrower and the owner of the land being purchased. However,…

Improving part of your home can often make you realise that the whole place could do with a refresh. Our customers found this out just over a year after completing a loan with the Bank for this purpose. They wanted to continue the improvements, but who should they approach? United Trust Bank of course! We…

United Trust Bank’s Structured Finance division were approached by the borrower on 13th December 2018 seeking funding for the acquisition (and payment of the VAT liability) of a redevelopment opportunity in Essex. The borrower had exchanged contracts on the purchase of the commercial/light industrial site with the completion date set for the 7th January 2019.…

At United Trust Bank we caters for self-employed applicants and last year we amended our criteria to help applications proceed swiftly and smoothly This helped a couple with the refinancing of an unsecured loan and provide them with some extra cash to treat themselves to a holiday and complete some home improvements. Our applicants had…

United Trust Bank’s Structured Finance team were approached by Bircroft Private to provide funding for the acquisition and development of a tired property in a popular south coast town to an HMO for student accommodation. The borrower, Rivers Birtwell Ltd, required 100% of the improvement costs with planned works including the addition of bathrooms and…

UTB’s Asset Finance team was approached by a specialist broker who was representing a client wishing to fund the purchase of some high-end media equipment. The customer was new to the Bank but had a long and successful track record as a highly sought-after wildlife cinematographer. Working as a freelance through a limited company structure…

United Trust Bank’s Bridging Division were approached by a couple to fund the acquisition of what would eventually be their new home, a partially completed barn conversion. Although the barn was habitable, some works had not yet been finished which would enable Building Control to provide a completion certificate and it was therefore not yet…

UTB’s Development Finance team was approached to fund the demolition of a dated 1930s dwelling and the construction of a high-end new build apartment scheme in a sought-after location close to a popular golf course. The borrower is an SPV established as a joint venture between the architects who found the site and designed the…

UTB’s Structured Finance division was approached by Dorothee Queyroux of Voltaire Financial representing an experienced property investor who had borrowed from the Bank several times since 2013. The customer specialised in identifying and acquiring underperforming and under-valued hotels, adding value by improving their performance by way of refurbishment, management change or planning gain. Once improved…