£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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Bridging to sunnier skies
In the Autumn of 2016, United Trust Bank’s Bridging Division was approached by a broker helping a couple to purchase a property abroad.
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UTB bridging loan enables completion of a JV development
A brother and sister inherited a large house in Hertfordshire from their parents. Although they had no property development experience they realised that the house had redevelopment potential.
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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.
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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,
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