From one Buy to Let house to 9 new apartments
The United Trust Bank Development Finance team was recently approached to re-finance an existing house in Bristol which was owned through a company as a Buy to Let investment.
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Specialist skills overcome concerns about deadline
In July, the United Trust Bank Development Finance team was approached by a new customer wishing to secure funding for a scheme to convert offices above commercial premises to nine 2 bedroom residential units.
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Swift work enables a short lease to long lease development in Chelsea
The United Trust Bank Development Finance team were approached by a regular client of ours to fund the urgent acquisition of a short leasehold property in a prime road in Chelsea.
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Flexible funding enables a two-phase development
An existing customer approached us to consider their next project. This involved the purchase of a site with planning consent for 11 detached executive homes in a rural location in the home counties.
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Permitted development expertise unlocks further opportunities
Following the successful conversion of offices under permitted development rights to form 9 apartments, UTB was asked by our borrower if we would consider a further scheme involving a joint venture with their contractor.
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UTB funds £10m riverside apartment development
An existing customer approached United Trust Bank to provide a site refinance and construction facility to develop a new build block of 49 riverside apartments and associated parking on a site close to the centre of a popular West Country town.
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A pragmatic approach to supporting a growing East Midlands developer
Earlier this year, United Trust Bank was approached by a new introducer to discuss the possibility of funding a developer on a site on the Nottinghamshire / Leicestershire borders.
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Property professionals commercial conversion
The Bank was approached by a long standing broker partner with a proposal to fund the purchase and redevelopment of a run-down retail unit with some commercial and residential accommodation.
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