Our customer, Bruce Burkitt of propertyexperts.co.uk, is an experienced and successful property professional and has developed over 700 units, many of which he has retained for his multi-million-pound,
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These days bridging loans come in all shapes and sizes. Since UTB increased its BDM coverage across the country and we reduced our minimum loan size to £75,000 and introduced automated valuations,
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Bridging can be a quick and cost-effective means of releasing capital tied up in property which can then be used for a wide variety of purposes.
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United Trust Bank’s (UTB) Bridging team was approached to assist a borrower wishing to purchase a 3 bedroom detached house in North West London.
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United Trust Bank was approached to provide a bridging loan which would ultimately enable the borrowers to complete the sale of their property with the benefit of planning consent for a development of 28 new homes.
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United Trust Bank’s bridging division was approached by a broker whose client needed to arrange payment of a substantial divorce settlement within two weeks.
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In the Spring of 2016, United Trust Bank’s Bridging team was approached to assist with the purchase of redundant office space above a bank in a period building in Kent and to fund the works for its subsequent conversion into two apartments.
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United Trust Bank (UTB) recently completed a bridging loan enabling a property developer to acquire a property and undertake a full and extensive refurbishment.
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