We understand Property Development
Our Property Development division provides acquisition, construction and sales period funding to support the building activities of housebuilders and developers operating across England and Wales. With commitments in the region of £1bn, we support the creation of around 5,500 new homes at any one time across residential, residential-led mixed-use and commercial projects. In addition, UTB works with Government agencies including the British Business Bank, Homes England, and the Housing Growth Partnership to enable housebuilders to access competitive funding at increased levels of gearing.
Housing Accelerator Fund 
A five-year alliance between Homes England and UTB to improve financial support for the building activities of small and medium sized housebuilders and developers.
Key features
- Loans from £1m to £10m
- Maximum Loan to GDV 70%
- Available in England
Development Finance
Development of new housing, new build as well as conversions and refurbishment of existing buildings
Key features
- Loans from £1m to £30m
- Maximum Loan to GDV 65%
- Available in England & Wales
Development Exit Funding
Designed for residential or residential led mixed-use property where an extension of time is required to allow for the sale of a scheme, equity release as a cash contribution to a new scheme or stabilisation of rental income.
Key features
- Loans from £1m to £30m
- Maximum Loan to Value 75%
- Available in England & Wales
How can we help?
Our Process
Enquire & meet
Get in touch to discuss your project
Your business development manager we aim to review and provide indicative terms or decline within 24 hours
Agreement & offer
Your business development manager will present your proposal to our Credit Committee.
Our Credit Committee meets each working day, providing immediate and reliable decisions and a formal offer letter usually follows within 48 hours.
Due Diligence
Upon acceptance of your offer letter and payment of the commitment fee, a dedicated case manager will instruct a solicitor, valuer and project monitoring surveyor to report on your project. Your case manager will also complete statutory checks.
Drawdown
Once we have reviewed all the reports and completed our checks we will register the security and release the funds. Further staged funds will be available in accordance with the loan agreement throughout the project.
Repayment
Once the scheme is completed, your loan will be repaid from the proceeds of sales, refinancing or other exit strategy.
Property Development News
Read news, views and thought readership from the Property Development division and industry contacts
Awards
Development Lender of the Year 2021
United Trust Bank (UTB) has won Development Lender of the Year at the SFI (Specialist Finance Introducer) Awards 2021.
Development Lender of the Year 2020
United Trust Bank wins ‘Development Lender of the Year’ at the NACFB Awards 2020
Development Lender of the Year 2019
United Trust Bank wins Development Lender of the Year Award at the 2019 SFI Awards
Our commitment to tomorrow
Although our activities have limited direct impact on the environment, we are aware of the important role businesses can play in society and protecting our planet.