Case Studies

Aided by a bridging loan from United Trust Bank, experienced developers purchased a site in West London with detailed consent for the development of 7 apartments on the site of an old pub. Following the purchase the borrowers were introduced to UTB’s development finance team. As the developers firmed up their specification, construction costs and…

United Trust Bank was approached to finance a new project for an existing customer involving the redevelopment of a small site in Central London with planning permission to build a 4 storey (over basement) scheme of 6 apartments and a commercial unit on the ground floor. The site was already owned by the client and…

United Trust Bank was approached to finance a new project for an existing customer involving the purchase and redevelopment of commercial premises. The client exchanged contracts for the purchase conditional upon the grant of planning consent for the demolition of the existing buildings and replacement with 8 x 4 bedroom townhouses and 8,000 square feet of commercial…

United Trust Bank’s development finance team were approached by experienced commercial and residential developers with a good track record looking for funding for a mixed use development in a village within commuting distance of Cambridge. The project comprised the development of a convenience store, six further retail units with six apartments above and four houses.…

We were approached by an established developer to fund the purchase and development of a former London commercial building which was to be converted into flats. The client had exchanged contracts at auction and had 4 weeks to complete the purchase. A site visit and inspection of the clients’ previous developments was quickly arranged and…

Long standing customers approached us to fund their next development of 14 apartments in a South East commuter town. The site is situated within 10 minutes’ walk of a train station and has good access to the motorway network. Planning consent had been obtained by the vendor however the developers feel that they can improve…

A developer with an established track record was introduced to the Bank by one of the Bridging Department’s highly regarded London broker firms. They had completed a prestigious London development of four houses and six flats and two of the houses and five of the flats had been sold. The developer had exchanged contracts on…

An experienced financier and property investor/developer was introduced to us through a broker with a long association with UTB.  The borrower had, over a number of years, purchased flats in two houses in West London.  As a result he now owned the whole of the buildings and proposed converting these Victorian properties back into single…

Developers approached us in early 2012 with a proposal to fund the purchase of a site in south London with planning for 10 flats.  The site was located close to an over ground train station and other sought after amenities.  However, the developers were unimpressed with the design of the units and chose to spend…

United Trust Bank was approached through a ‘known’ property professional to fund an experienced residential developer who was purchasing an existing house, with a large garden and adjoining land, under three titles. The property benefits from planning consent for two large detached houses and is situated on an excellent road in Ascot. The finished development…