Case Studies

In early 2017, United Trust Bank’s bridging team was approached by a broker acting on behalf of the parents of two sons who were in the process of purchasing a luxury apartment. The sons had exchanged contracts on the apartment off-plan in 2014 with a deposit of £1.2m. Their intention was to fund the remaining…

In the Autumn of 2016, United Trust Bank’s Bridging Division was approached by a broker helping a couple to purchase a property abroad. The husband and wife had identified a suitable holiday home and needed to complete the purchase promptly to prevent it being sold to other interested parties. Assisting with the purchase of overseas…

United Trust Bank was approached by a company wishing to acquire a substantial, unmodernised detached house situated on a large plot in an affluent area near Sandown racecourse. The purchase price was £1.2M and the company wished to borrow the full purchase funds. The owner of the company was an experienced builder/developer and his intention…

United Trust Bank recently completed a £2.4m facility secured against 2 prime properties. The case was introduced to Nick Warren at UTB by a longstanding broker contact and involved taking a second charge on the borrowers’ existing home and a first charge on their onward purchase, a large detached house set in over 16.5 acres.…

What began as a fairly straightforward bridging loan application became somewhat more complicated as underwriting revealed several issues affecting the properties offered as security. Our borrowers wished to purchase a larger family home closer to their children’s secondary school. The house was in a sought after area and several other parties were interested in buying…

United Trust Bank’s Bridging division was approached to assist with the purchase of redundant office space above a bank in a period building in Kent and to fund the works for its subsequent conversion into two apartments. The borrower is a company experienced in property refurbishments with one of the shareholders a qualified surveyor. They…

At United Trust Bank, we’re happy to assist with bridging loans spanning the full spectrum from the straightforward to the complex. In this particular case we were approached to assist a family where the widowed mother was purchasing an apartment in a new luxury development. The late husband’s estate was in probate, but there were…

Short term bridging finance can be used in a variety of circumstances including occasions when borrowers need to protect significant monies already committed to property projects. In this example, United Trust Bank’s customer had exchanged contracts to purchase off-plan a new ground floor apartment in Central London with the intention of letting it out. They…

One of the Bridging loan sector’s enduring challenges is to convince brokers and advisers that the potential uses of short term secured loans go well beyond simply facilitating a property transaction and in fact, bridging loans can be employed in a vast range of circumstances when a short term capital raise is required. In this…

An ageing population is a nice problem to have, but as we continue to live longer, the issue of suitable accommodation for the elderly will become increasingly important. Indeed, enabling mature borrowers to downsize is an integral part of the property moving cycle, as it frees up larger properties for families who are looking to…