News and media

United Trust Bank’s Bridging team was approached by an experienced father & sons property development business seeking funding to acquire their next project property. The borrowers had agreed to purchase an unmodernised end of terrace house with an annexe, both set on a large plot with potential for creation of an additional property on the…

United Trust Bank was approached by an experienced property professional to assist with the purchase of a three storey, three-bedroom mid-terraced house with a view to converting it to a 6-bedroom HMO. The borrower held a small portfolio of investment properties, including similar HMOs, and the valuation together with our own research gave us comfort…

United Trust Bank’s Bridging team was approached by a broker assisting an older couple in a downsizing house move. As well alleviating some of the stress and uncertainty that can accompany simultaneous sale and purchase transactions, the couple also wished to ensure that their purchase would complete ahead of the Stamp Duty holiday extension deadline,…

UTB’s bridging finance team was approached by an experienced property investor/developer who was seeking to buy two houses at auction. Both properties were in poor condition with one being unmortgageable. The borrower intended to buy both properties through their limited company, remodel and refurbish them and sell them on for a profit once improvement works…

United Trust Bank was approached by property developers with a strong track record of delivering high quality local schemes over the last 25 years. The company had purchased an unmodernised house with a large 2.5 acre garden and by subdividing the grounds had achieved planning permission for the development of three new houses on the…

United Trust Bank (UTB) was pleased to provide a £2.5m bridging facility to enable the swift purchase of a fully tenanted HMO at a significant discount to market value. The borrower, a ‘Value Add’ Investor, had previous experience of similar acquisitions and UTB were comfortable with the circumstances of the purchase and the reason for…

United Trust Bank (UTB) completed a bridging facility for a developer in unusual circumstances. The borrower and his family were occupying the original house on the site and marketing a second new-build 4 bedroom, 4 bathroom home at 2nd fix stage for sale. Both properties were on a single title. The developer wished to give…

United Trust Bank’s Bridging team were approached to assist a married couple in the purchase of a property which would become their new home. The property was situated in a sought-after area of South London but required significant improvements. The modernisation works were scheduled to take three months and the borrowers were able to show…

Two brothers had received a cash inheritance and had decided to use it to launch careers in property investment.  Both were tradesmen and having completed many refurbishments for clients, they were keen to find a property they could refurbish themselves and sell on for a profit. They visited several auctions to gain an understanding of…

44% of brokers responding to United Trust Bank’s most recent Broker Sentiment Poll believe that ‘speed to completion’ is currently the main priority for bridging borrowers. Less than half that…