Case Studies

Having moved into their new home six years ago, fitted a new kitchen, decorated throughout and landscaped the gardens, our borrowers’ budget was just about under control. Then came their wedding and their outgoings on various loans and credit cards became a little too much to manage and leave enough expendable income to enjoy their…

It’s not unusual when a broker is starting a relationship with a new lender, for them to initially give them some smaller deals to test the water before moving on to proposals for some bigger ticket items. Paul Barter, Asset Finance BDM for UTB, had known one particular broker for a while and transacted some…

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…

UTB’s SF team were approached by Tom Robinson of Bircroft Finance limited to assist a client who wished to refinance a fully let commercial building of circa 17,000 square feet. The client was a returning customer and UTB had successfully financed two other property transactions for them. Whilst the client was looking to potentially dispose…

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…

BDM Klara Hanrahan was approached by a broker assisting a company in releasing capital from some of its existing assets. The customer, an established demolition company based in Essex, had won a substantial new contract and wished to raise £220,000 to invest in the project. The broker had identified two pieces of unencumbered plant suitable…

UTB’s Structured Finance team was approached by Paul Robins to assist with funding for the purchase of an industrial/commercial storage site in the South East. The large site also included a single residential dwelling but the purchase was structured with a deferred completion date for the residential asset. The property comprised multiple commercial units held…

With our recent entry to the specialist remortgage market, UTB was able to assist a semi-retired, self-employed couple re-mortgage their home and consolidate most of their existing credit, releasing over £500 per month of disposable income. Our applicants had just over a year of their interest-only mortgage left to run but no means to repay…

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…

The Bridging team were approached by a retired man who wished to downsize and relocate from the Midlands to the North of England. His current home, valued at around £220,000, was on the market but he had found a flat he wanted to purchase before agreeing a sale of his existing home. He had negotiated…