Bridging Loan funds a development opportunity
United Trust Bank was approached by a company wishing to acquire a substantial, unmodernised detached house situated on a large plot in an affluent area near Sandown racecourse.
Read more »
UTB completes £2.4m bridging facility
United Trust Bank recently completed a £2.4m facility secured against 2 prime properties. The case was introduced to Nick Warren at UTB by a longstanding broker contact and involved taking a second charge on the borrowers’ existing home and a first charge on their onward purchase,
Read more »
A classic bridge is not so straightforward
What began as a fairly straightforward bridging loan application became somewhat more complicated as underwriting revealed several issues affecting the properties offered as security.
Read more »
Banking on a Kent conversion
United Trust Bank’s Bridging division 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.
Read more »
Probate adds complexity to a downsize
At United Trust Bank, we’re happy to assist with bridging loans spanning the full spectrum from the straightforward to the complex.
Read more »
Saving a £480k deposit has an overseas twist
Short term bridging finance can be used in a variety of circumstances including occasions when borrowers need to protect significant monies already committed to property projects.
Read more »
Flexible finance from beginning to end
One of the Bridging loan sector’s enduring challenges is to convince brokers and advisers that the potential uses of short term secured loans go well beyond simply facilitating a property transaction and in fact,
Read more »
Downsize calls for expertise and sensitivity
An ageing population is a nice problem to have, but as we continue to live longer, the issue of suitable accommodation for the elderly will become increasingly important.
Read more »
