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,
Specialist lender, United Trust Bank and Iron Bridge Finance, the London-based mezzanine development lender, have jointly funded a multi-unit development in Hemel Hempstead,
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Despite all the uncertainty surrounding Brexit, the sectors in which UTB predominantly operate appear to have been remarkably resilient throughout 2018.
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United Trust Bank has restructured its Mortgages Key Accounts team as it targets further growth in 2019.
Jigar Patel has been promoted to the role of ‘Head of Key Accounts – Mortgages’ nationally whilst Chris Pedlar has moved from his BDM role to that of ‘Key Accounts Manager’.
More than two thirds (68%) of brokers responding to United Trust Bank’s most recent broker sentiment survey believe that the two Bank of England Base Rate increases seen since November 2017 have had no impact on their business.
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United Trust Bank’s most recent broker sentiment survey has found that 51% of brokers operating in the property and asset finance sectors are expecting their 2018 business results to be either ‘good’ or ‘excellent’ with them exceeding their targets set at the start of the year.
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United Trust Bank has made another key appointment as the Bank continues to develop its Mortgages & Bridging Division.
Simon Burnell,
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