United Trust Bank (UTB) has agreed to fund a Senior Living development in the East of England.
The development of 99 independent living (retirement) apartments comprises 37 affordable rented and 62 apartments for sale,
United Trust Bank is providing the funding for phase 2 of the redevelopment of a site featuring a prominent Grade II listed building having successfully funded phase 1.
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UTB’s Development Finance division was approached by a newly formed SPV looking for funding to acquire and develop a former bus depot site in a popular coastal town.
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United Trust Bank’s Development Finance division was approached to fund the acquisition and conversion of a redundant city center office block under permitted development rights.
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Development finance facilities were made available to a long-standing customer to fund an office to residential conversion of two separate buildings.
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United Trust Bank’s Development Finance team were approached to jointly fund phase 1 of the conversion of a vacant office block under permitted development rights.
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UTB’s Development Finance team was approached to fund the demolition of a dated 1930s dwelling and the construction of a high-end new build apartment scheme in a sought-after location close to a popular golf course.
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UTB’s Development Finance team was approached to fund the redevelopment of a site that had been assembled from a variety of commercial buildings with planning subsequently agreed for a residential led mixed use scheme.
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