Specialist lender, United Trust Bank and Iron Bridge Finance, the London-based mezzanine development lender, have jointly funded a multi-unit development in Hemel Hempstead,
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Despite all the uncertainty surrounding Brexit, the sectors in which UTB predominantly operate appear to have been remarkably resilient throughout 2018.
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United Trust Bank has restructured its Mortgages Key Accounts team as it targets further growth in 2019.
Jigar Patel has been promoted to the role of ‘Head of Key Accounts – Mortgages’ nationally whilst Chris Pedlar has moved from his BDM role to that of ‘Key Accounts Manager’.
More than two thirds (68%) of brokers responding to United Trust Bank’s most recent broker sentiment survey believe that the two Bank of England Base Rate increases seen since November 2017 have had no impact on their business.
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United Trust Bank’s most recent broker sentiment survey has found that 51% of brokers operating in the property and asset finance sectors are expecting their 2018 business results to be either ‘good’ or ‘excellent’ with them exceeding their targets set at the start of the year.
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United Trust Bank has made another key appointment as the Bank continues to develop its Mortgages & Bridging Division.
Simon Burnell,
United Trust Bank has appointed Daniel Idowu to the role of Support Officer in its Asset Finance division and he becomes the growing Bank’s 200th member of staff and the 50th person to join UTB this year.
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A poll amongst brokers working in the property and asset finance sectors has revealed that more than half (51%) would not support a second referendum on the terms of a proposed Brexit deal.
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