Case Studies

Klara Hanrahan, one of UTB’s dedicated Asset Finance BDMs, was determined to show a successful East Anglian brokerage what a great service the Bank could offer them and their clients. Since taking over the patch at the start of 2018 Klara had made a point of making several trips up the A11 to Norwich to…

UTB’s Asset Finance team was approached by a specialist broker who was representing a client wishing to fund the purchase of some high-end media equipment. The customer was new to the Bank but had a long and successful track record as a highly sought-after wildlife cinematographer. Working as a freelance through a limited company structure…

UTB’s Development Finance team was approached to fund the demolition of a dated 1930s dwelling and the construction of a high-end new build apartment scheme in a sought-after location close to a popular golf course. The borrower is an SPV established as a joint venture between the architects who found the site and designed the…

United Trust Bank’s Structured Finance team were approached by Bircroft Private to provide funding for the acquisition and development of a tired property in a popular south coast town to an HMO for student accommodation. The borrower, Rivers Birtwell Ltd, required 100% of the improvement costs with planned works including the addition of bathrooms and…

At United Trust Bank we caters for self-employed applicants and last year we amended our criteria to help applications proceed swiftly and smoothly This helped a couple with the refinancing of an unsecured loan and provide them with some extra cash to treat themselves to a holiday and complete some home improvements. Our applicants had…

UTB’s Structured Finance division was approached by Dorothee Queyroux of Voltaire Financial representing an experienced property investor who had borrowed from the Bank several times since 2013. The customer specialised in identifying and acquiring underperforming and under-valued hotels, adding value by improving their performance by way of refurbishment, management change or planning gain. Once improved…

With the recent increase in our maximum loan size, United Trust Bank was happy to assist an applicant in purchasing a home outright for their mother using a £310,000 second charge mortgage. Our applicant was looking for an apartment for their mother to move to. They wanted her closer to them while still being able…

UTB’s Development Finance team was approached to fund the redevelopment of a site that had been assembled from a variety of commercial buildings with planning subsequently agreed for a residential led mixed use scheme. The borrower is an investment advisory firm focused on real estate which although new to UTB had a demonstrable track record…

The Bridging team was approached to provide a short-term facility for an SME developer secured against a recently completed development of 4 houses, as well as two other investment properties owned by the company. The loan was required to repay commercial mortgages and an existing development loan against the new build houses and to release…

UTB’s Asset Finance team received a proposal one late Monday afternoon from a broker representing a high net worth individual looking to buy a pre-owned Bentley Bentayga W12. The customer wished to fund £105,000 of the £125,000 purchase price over 4 years with a £60,000 balloon payment. The deal as proposed was approved the following…