Case Studies

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…

Our customer had entered into an agreement to purchase 50% of the shares in a company which owned a valuable site with development potential. A substantial first payment under the agreement had been made and the balance of the payment was due imminently. Accordingly our customer had a time critical requirement for a short term…

Our customer had exchanged contracts on his new home and was approaching the completion date. The purchase transaction involved our customer porting his existing mortgage to his new home. Very late in the day our customer realised that his existing mortgage could not be ported unless and until he had sold his existing home –…

Our customers are a London couple residing in a flat in a trendy area of North London. Our customers had also found and agreed to purchase their new home, but such is the current competition for homes in good residential London areas, they wanted to secure and complete on the purchase before the sale of…

United Trust Bank’s Bridging Department provided a £394,000 facility with a 9 month term to enable our customer to move to a new smaller property. Our customer, resided in a Grade II listed two storey property in a rural West Sussex village. The property was too large for her needs and she wished to complete…

United Trust Bank’s Bridging Department provided a £138,000 facility with a 12 month term to enable our customers to build a new home for their retirement. Our customer, a retired builder owned a house with a large plot of land. His existing home was too large for his and his wife’s needs and they didn’t…

United Trust Bank’s Bridging provided a £1m facility to a corporate customer who had recently obtained residential planning permission on a factory located in London. Our customer had an existing facility with another lender which they had taken to assist with the purchase of the property pending the obtaining of planning permission. The existing facility…

In the last few months United Trust Bank’s Bridging Department has completed a number of multi million Pound portfolio refinances in excess of £5m. One customer had a property portfolio worth in excess of £15m consisting of predominantly Central London residential properties as well as several properties in the South East of England including a…

Our customer is an experienced businessman who is in the process of setting up a business in Africa. He urgently required circa £550,000 both to supply a consignment  to a distributor in order to complete a contract as well as to assist with a brand launch. We met with the customer and his business partner…

Our customer had an opportunity to purchase an investment property with the intention of carrying out works to it, so as to increase the value prior to selling it. We enabled the customer to purchase the target property by providing a six month loan of circa £215,000 taking a first charge over the target property.…