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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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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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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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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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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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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What began as a fairly straightforward bridging loan application became somewhat more complicated as underwriting revealed several issues affecting the properties offered as security.
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We will be contacting our existing personal customers by email in due course to invite them to register for our newly launched online banking service.
Once invited you will need to have registered for online banking in order to continue. If you have registered you will have received your user details by post and can log in below.
For our Business and Charity customers, we plan to launch online banking for you early next year.
In the interim all accounts can be managed by email, phone or post. You can find details here
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Personal Customers that have received their Online Banking details in the post