Buster Tolfree, United Trust Bank’s Commercial Director – Mortgages, has won the Business Leader Award in the Second Charge Lender category at the British Specialist Lending Awards 2019.
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Noel Meredith, Executive Director, United Trust Bank
“Permitted development continues to be an important source of new homes in the UK with responsible developers creating exciting places to live from redundant buildings in mainly urban environments;
United Trust Bank’s latest ‘Broker Sentiment Poll’ has revealed that nearly 9 out of 10 (84%) brokers believe that advances in technology over the next five years are going to have a major impact on their businesses.
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Overview
Pilot Fish sources senior, mezzanine and equity for £22 million GDV development in central Peterborough.
United Trust Bank provided the senior debt of £11,100,000,
According to an exclusive survey of 37 of the mortgage industry’s leading figures, Open Banking is the fintech development most likely to benefit their businesses whilst AI and ‘robo-advice’ presents the biggest threat.
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United Trust Bank staff have chosen national charity Refuge to be the Bank’s charity of the year for 2019. Refuge aims to support and protect women and children who have experienced domestic abuse and violence by providing specialist services and practical and emotional support to those fleeing abuse.
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United Trust Bank has launched a new first charge mortgage product aimed at customers who own their properties outright.
The Unencumbered Re-start Mortgage is designed to enable homeowners to release capital tied up in their property for a wide variety of purposes but typically will include funding home improvements,
United Trust Bank is continuing to develop its growing Mortgage team by appointing Avison Warren as Mortgage Operations Manager. The newly created role will focus on the successful delivery of fin-tech and digital solutions projects,
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59% of brokers responding to United Trust Bank’s most recent Broker Sentiment poll believe that the Bridging/short term finance sector is most likely to see growth in lender numbers during 2019.
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United Trust Bank (UTB) has reported a 21.9% increase in Operating Income for the year ending 31st December 2018.
The results demonstrate another year of sustained growth at the specialist bank which increased its profit before tax to £31.4m,
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