News & media

United Trust Bank (UTB) is funding the construction of a contemporary £29m development of 20 new apartments and 8 detached houses in a sought-after coastal village. The borrower is a highly regarded and multi award-winning house builder specialising in identifying and acquiring sites in outstanding coastal locations and creating highly desirable residential developments. Over the…

United Trust Bank (UTB) is funding the £28.9m redevelopment of a former hotel site being undertaken by the multi award-winning housebuilder, Acorn Property Group. The development is situated in the…

United Trust Bank (UTB) is funding a £6.7m development of 25 new family homes in a rural Cumbrian village. The scheme is being undertaken by experienced and successful regional housebuilder in a joint venture (JV) with the Housing Growth Partnership (HGP). UTB was approached by the borrowers after the original funders withdrew their offer following…

United Trust Bank (UTB) has agreed to fund an £11m redevelopment of a former hotel site in a stunning beachside location on the north coast of Cornwall. The Bank was approached in October for funding required by the developer to complete the purchase of the site and the construction of a 3 storey building consisting…

United Trust Bank (UTB) is providing the senior funding for an £11.5m development in a desirable West London location providing 30 new apartments over six storeys. The scheme is being constructed by a long established and successful house builder which UTB has been interested in working with for some time. The borrower and the Bank…

United Trust Bank (UTB) has agreed to fund a Senior Living development in the East of England. The development of 99 independent living (retirement) apartments comprises 37 affordable rented and 62 apartments for sale, with options for shared ownership, and a central community ‘hub’. The finished property will provide communal facilities including a bistro/dining area,…

United Trust Bank is providing the funding for phase 2 of the redevelopment of a site featuring a prominent Grade II listed building having successfully funded phase 1. The Bank has supported the growth of the Borrower by funding increasingly larger schemes across multiple sites in recent years. The landmark building occupies an elevated position…

67% of property finance brokers responding to United Trust Bank’s most recent Broker Sentiment Poll, believe that regulations surrounding Permitted Development Rights (PDR) should be reviewed to prevent unsuitable developments.…

UTB’s Development Finance division was approached by a newly formed SPV looking for funding to acquire and develop a former bus depot site in a popular coastal town. Although a new client to the Bank, the parent company of the SPV had a strong track record of delivering successful developments including playing a significant role…

United Trust Bank’s Development Finance division was approached to fund the acquisition and conversion of a redundant city center office block under permitted development rights. The building was being disposed of as part of a large-scale relocation by the former owner occupiers, the local council, and UTB together with their funding partners worked collaboratively to…