UTB comments on 2016 Second Charge repossession figures from the FLA

UTB comments on 2016 Second Charge repossession figures from the FLA

Commenting on the FLA’s announcement that there has been a further reduction in second charge repossessions, Buster Tolfree, Commercial Director – Mortgages, United Trust Bank said: “The fall in second charge repossessions in 2016 to only 0.07% demonstrates that the market is evolving and improving. The positive influence of FCA regulation, MCD and the move […]

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Brokers split on Base Rate increase predictions

Brokers split on Base Rate increase predictions

A poll of 230 finance brokers working in the fields of mortgages, bridging, development finance and asset finance has found that opinions are well and truly split on when the Bank of England Base Rate may eventually be increased. When do you think a Base Rate increase will come? The survey, carried out in January this […]

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Ditch and switch those poor performing deposit accounts

Ditch and switch those poor performing deposit accounts

Let’s be honest, when you were putting together your New Year resolutions, reviewing the interest rate you are earning on your business deposit accounts probably didn’t make the top five and possibly not even the top 10. Maybe it wasn’t on your resolutions list at all. OK. We understand. With all the things you have […]

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The Influence of BTL on UK housing

The Influence of BTL on UK housing

The rise of Buy-to-Let (BTL) in the UK has been a phenomenon of the last 20 years. One of the key developments which encouraged both aspiring landlords and lenders was the Housing Act of 1988 which introduced the Assured Shorthold Tenancy, the instrument which enabled landlords to offer homes for rent for fixed periods protected […]

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Releasing capital for growth

Releasing capital for growth

January and February usually brings a high number of refinance proposals to United Trust Bank’s Asset Finance division. SMEs from the construction sector are a typical type of business looking to release capital from their existing assets at the start of the year. For some it’s simply to boost their cash reserves following the Christmas […]

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Knowledge and experience can overcome uncertainty

Knowledge and experience can overcome uncertainty

Noel Meredith, Executive Director, United Trust Bank 2017 marks the 10th anniversary of the start of the Credit Crunch. On the 9th of August 2007, the European Central Bank and the US Federal Reserve took emergency action and injected a combined $90bn into financial markets in an attempt to encourage more lending between banks. Just […]

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Read Our Latest Newsletters

Read Our Latest Newsletters

We regularly publish a variety of interesting news articles and case studies along with guest features from some of the UK’s leading economists and property writers. There is always commentary from our heads of department with timely and pertinent information about the markets our brokers work in. You can view the latest copy of update […]

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