Case Studies

An existing customer approached United Trust Bank to provide a site refinance and construction facility to develop a new build block of 49 riverside apartments and associated parking on a site close to the centre of a popular West Country town. The development is being built as a single phase but comprises 3 distinct blocks…

Earlier this year, United Trust Bank was approached by a new introducer to discuss the possibility of funding a developer on a site on the Nottinghamshire / Leicestershire borders. The client had an extensive civil engineering background and had been undertaking major roadway and ground works contracts, including those for large national house builders. However,…

We were approached by existing clients who had purchased a commercial building with the aid of a bridging facility. The property was divided into two separate sections on a corner plot and following the purchase, our clients obtained planning permission to demolish one section and build three new 1550 sq ft town houses. The other…

UTB was approached by a broker acting on behalf of their client who had completed one previous project but was otherwise not hugely experienced in property development. He did though have a good business track record and good financial standing. The borrower had already agreed to purchase derelict commercial land close to the centre of…

United Trust Bank was approached by a long standing introducer to assist a new customer who had recently had a development site in East Sussex valued below their expectations. Their existing high street lender had subsequently reduced their offer of funding and this was restricting the client’s ability to acquire a further site which they…

At United Trust Bank we meet many borrowers who have completed a refurbishment or development project and who wish to repay their investors or development funders before all or part of the project property is sold. In this particular instance we had the relatively unusual scenario where not only was the debt requiring refinance, but…

United Trust Bank were approached by a new customer and asked to consider assisting in the acquisition and redevelopment of an ex-public house site in a Shropshire town. The site already had planning consent for 14 dwellings but the clients had worked up a revised scheme for 22 units which had been supported by the…

United Trust Bank was approached to finance the purchase and subsequent development of a former Grade 2 listed building in London. The development would create 37 apartments plus 2,620 sq.ft of A1 and 3,636 sq.ft of A3 use, incorporating conversion and new build. The applicant was initially introduced to the Bank’s Bridging team who were…

United Trust Bank was approached by a known experienced client to fund the purchase and redevelopment of a prime site in London comprising 10 apartments and a commercial unit. The structure of the deal was somewhat complex as it involved a joint venture agreement with the owner and matters pertaining to a party wall and…

United Trust Bank was approached to fund the conversion of former office premises to provide 68 apartments in a good town centre location to the west of London. The property is just a few minutes’ walk from the train station enabling an easy commute into London. In addition its central location means that residents will…