Case Studies

A developer with an established track record was introduced to the Bank by one of the Bridging Department’s highly regarded London broker firms. They had completed a prestigious London development of four houses and six flats and two of the houses and five of the flats had been sold. The developer had exchanged contracts on…

A customer approached United Trust Bank’s Business Development Manager for the North of England and Scotland, to finance the purchase of an excavator and shear and was keen to proceed quickly. However, United Trust Bank prefers to deal through its network of approved brokers so our BDM introduced the customer to his nearest and most…

We were approached by a broker partner who introduced us to a long established company in the Broadcasting sector wishing to refurbish an outside broadcast trailer unit to High Definition (HD) Specification. The trailer was a bespoke unit and there are very few used trailers of this kind in the market place. The customer wished to refurbish their…

Developers approached us in early 2012 with a proposal to fund the purchase of a site in south London with planning for 10 flats.  The site was located close to an over ground train station and other sought after amenities.  However, the developers were unimpressed with the design of the units and chose to spend…

Our customer specialises in the sourcing and management of student accommodation. They had recently acquired a student accommodation block in a West Coast town which was unencumbered. They wished to purchase a similar property, this time in an East Coast town, using short term finance and wished to use both properties as security to fund…

A new customer to UTB wished to raise funds against a number of unencumbered coaches in order to assist relocation/fit out costs to move to a new, much larger operating site. The company had outgrown their existing premises and did not wish to approach their bank for further borrowings, in view of their ongoing working…

Our customer had inherited a 50% share of an unencumbered property jointly with her brother. Probate had been granted, but the inherited property had not yet been transferred into either beneficiary’s name. Due to financial pressures, our customer’s brother wished to sell the property quickly to a developer; however the price would have been £170,000…

United Trust Bank was approached through a ‘known’ property professional to fund an experienced residential developer who was purchasing an existing house, with a large garden and adjoining land, under three titles. The property benefits from planning consent for two large detached houses and is situated on an excellent road in Ascot. The finished development…

We were contacted by a broker who was new to United Trust Bank with a proposal to finance the acquisition of two highly specialised trucks for a recently incorporated company. The trucks were to be operated in the drainage sector and although the company was recently formed, the main director was highly experienced in the…

Our customer had committed to purchase a new residential property utilising both a bridging facility from United Trust Bank and a mortgage over the property being purchased. The bridging loan was for £575,000 and was to be secured against our customer’s existing residence with the balance of the purchase monies coming from a High Street…