All bridging loans great and small
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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A quick turnaround kept the customer out of court
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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Refurbishment facility gives borrower options
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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£1m bridging loan solves a Section 106 problem
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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£1m bridge for an urgent divorce settlement
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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Property Improvement Loan funds successful conversion of redundant office space
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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UTB bridging loan funds entire project costs for a returning customer
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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Parents save sons’ apartment purchase
In early 2017, United Trust Bank’s bridging team was approached by a broker acting on behalf of the parents of two sons who were in the process of purchasing a luxury apartment.
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