United Trust Bank looks to grow development finance team
Following a period of sustained demand for development finance bringing increasing levels of new business enquiries, United Trust Bank is continuing to grow its successful Development Finance division starting with the recruitment of a new Property Development Manager.
Earlier this year United Trust Bank appointed Steve Grant to develop its property finance business in the North of England. However, alongside increasing its presence in the North, the Bank has continued to see a steady increase in enquiries for development finance across the country.
Noel Meredith, Executive Director of United Trust Bank, commented:
“With so much uncertainty around Brexit and the consequences of Donald Trump winning the US Presidential election, some may be surprised to learn that we’re continuing to grow and invest in our Development Finance division. However, whilst there’s no doubt that 2017 will bring some challenges, we’re confident about the future and committed to supporting SME developers by providing the financial backing for some of the hundreds of thousands of new homes we need to keep building if we’re going to tackle the UK’s housing shortage.
“As such, we’re looking to recruit an experienced property finance banker who will help to ensure that we can continue to provide the highest levels of service to our existing customers and supporting brokers, whilst at the same time growing the division by introducing UTB’s award winning development finance offering to new broker contacts and developers.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
FCA
Firms required to report complaints involving vulnerable customers under simplified FCA rules
Santander
Santander joins mortgage price war with new rates from 3.51%
FCA
FCA sets out timeline for mortgage rule changes
Inflation
Bank of England set to cut rates as inflation falls to eight-month low
This week's biggest stories:
FCA
Firms required to report complaints involving vulnerable customers under simplified FCA rules
Santander
Santander joins mortgage price war with new rates from 3.51%
FCA
FCA sets out timeline for mortgage rule changes
Inflation
Bank of England set to cut rates as inflation falls to eight-month low
Nationwide
FCA fines Nationwide £44m for inadequate financial crime controls
FCA
FCA announces new measures to support growth of mutuals sector