Case Studies

In the last few years, many first-time buyers have taken advantage of the government’s ‘Help to Buy’ scheme as a way of helping them to get a foot on the housing ladder. The equity loan scheme enables them to obtain up to a 20% equity loan towards the cost of a new build home, leaving…

United Trust Bank’s Asset Finance team was approached by a supporting broker representing a successful trailer hire and MOT/servicing business based in Bedfordshire. The company wished to refinance a number of unencumbered curtain sided trailers to release £125,000 towards the renovation and expansion of their workshop, service and office buildings. The broker had dealt with…

United Trust Bank was approached to assist with the redevelopment of an existing Social Club in to a mixed use residential led scheme including a new social club with adjoining office space and 18 brand new apartments in the upper parts. The Borrower originally approached their local high street Bank but after a lengthy consideration…

With the cost of buying a home continuing to increase, many would-be buyers have been shut-out of the housing market. A recent United Trust Bank customer found a solution, he built his own. Our applicant had already obtained a stage release self-build mortgage and had completed enough of the build to obtain the required 10…

United Trust Bank’s Professional Lending department was recently asked to consider a proposal for a family-owned chartered accountancy firm. The company wanted to establish a wider presence and reduce competition in their area, so had come to an agreement to acquire a similar practice nearby. As this required a sizeable initial lump sum to secure…

United Trust Bank’s Structured Finance team was approached to provide the funding to enable an experienced developer to purchase a site for their next project. The site, in West London, was near a derelict Grade II listed house with planning permission for the construction of two additional 2,250 sq ft homes in the grounds. The…

Not all brokers are aware that United Trust Bank (UTB) provides some quite large and complex asset finance funding. For example, the Bank recently paid out £1.7m to a plant hire company to release capital from a fleet of vehicles. The introducing broker had dealt with the firm a number of years earlier and sensing…

United Trust Bank’s bridging division was approached by a broker whose client needed to arrange payment of a substantial divorce settlement within two weeks. The client needed to raise £1.15m very quickly in order to meet his obligations and if he failed to pay the agreed settlement on time he may have found himself back…

United Trust Bank’s development finance team was approached to consider providing a part refinance and development facility for an existing customer. The developer was already quite advanced on a large and complex mixed use project in North London. The scheme included the conversion of an office block to provide retail space on the ground floor…

The second charge market continues to grow and secured loans are being employed for an increasingly varied range of uses. United Trust Bank (UTB) recently completed a £105,000 second charge loan for a married couple who wished to purchase a cocktail bar and wine business close to where they live in Central London. The applicants…