United Trust Bank reports a 21% increase in new lending in 2019
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 continues to develop its Underwriting team for Asset Finance
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 extends Nivo electronic ‘facial recognition’ ID verification service to Bridging customers
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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39% of Brokers expect a Bank of England Base Rate cut by the end of the year
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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United Trust Bank extends bridging into Scotland
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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United Trust Bank completes its 10,000th Second Charge Mortgage
United Trust Bank has reached a significant milestone in the growth of its specialist mortgage business by completing its 10,000th Second Charge Mortgage.
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United Trust Bank completes its largest ever Second Charge Mortgage
United Trust Bank has completed a £352,000 Second Charge Mortgage.
The loan, introduced by Brightstar Financial, was to enable the applicants to repay a substantial private loan,
United Trust Bank completes £5.5m structured finance facility within 8 days of achieving credit approval
United Trust Bank (UTB) has completed a £5.5m refinance of a 5-storey apartment block in Slough with completion taking place just eight days after the facility was given credit approval.
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