The Mortgage industry is constantly evolving to meet the changing needs of borrowers and brokers. The application of new technology to accelerate and improve customer journeys will continue to revolutionise the sector and advances in artificial intelligence and machine learning are already making a noticeable impact.
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United Trust Bank (UTB) has reported a 21% increase in new lending in 2019 completing £994m of new loans throughout the year.
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United Trust Bank is very well prepared to ensure that we remain open and operational.
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THIS MONTH’S WISE OWL
Stewart Baseley began his house building career in 1982 and by 1990 was CEO of Charles Church.
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United Trust Bank has recruited Giles Hussey to join the underwriting team in the Bank’s Asset Finance division.
Giles joins the Bank from Hitachi Capital where he spent 7 years and will report to Senior Underwriter,
United Trust Bank has extended the use of its electronic ‘facial recognition’ ID verification service to bridging customers. The system, based on a bespoke smartphone App,
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Over a third of commercial finance brokers responding to United Trust Bank’s most recent Broker Sentiment Survey expect the Bank of England (BofE) Base Rate to be reduced by the end of 2020.
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86% of brokers have described the outlook for their business in 2020 as positive in United Trust Bank’s (UTB) most recent Broker Sentiment Survey.
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United Trust Bank (UTB) has agreed to fund an ‘extra care village’ development near Braintree, Essex.
The project is being completed by Abbeyfield,
United Trust Bank has further enhanced its Bridging offering by extending its service into Scotland. Until now, the Bank’s bridging products were only available if the security property (or properties) was in England or Wales.
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