70% of brokers operating in the asset finance sector believe that in the last year they have lost a substantial amount of business through direct funders approaching their customers.Read more »
News & Media
United Trust Bank has completed a £4.59m short term bridging loan for a High Net Worth SPF client, secured by way of second charges against a diverse range of security property including shares.Read more »
Speed of initial decision is more important to brokers than interest rates and charges when choosing a bridging lender.
A survey carried out by United Trust Bank,
The latest house price index from Nationwide has indicated a 0.2% fall in UK house prices in September.
Noel Meredith, Executive Director of United Trust Bank comments:
“In my view the slight drop in the average house price figure for the UK is not surprising.
United Trust Bank has launched a new Professional Lending product to provide competitive, short-term working capital financing solutions to the professional services sector.Read more »
“Throughout the credit crunch we never stopped lending.” Explains Harley Kagan, Managing Director of specialist lender United Trust Bank. “In fact since 2007,Read more »
Nearly half of development finance brokers and developers responding to a recent survey believe that the London property market is becoming ‘unhealthily overheated’.Read more »
Over 1 in 5 brokers operating in the bridging, development finance and asset finance sectors expect to see an increase to the base interest rate by the end of this year.Read more »