UTB appoints sales director for buy-to-let and unregulated bridging

United Trust Bank has appointed Alex Alexandrou to the new role of sales director for buy-to-let and unregulated bridging.

Alex has worked in real estate finance for nearly 10 years, holding senior sales roles with lenders including Octopus Real Estate and most recently Cohort Capital where he was head of sales for residential lending.

Alex will work alongside recently appointed Bradley Illman, head of sales for bridging, and will initially be focusing on developing the Bank's buy-to-let and unregulated bridging proposition.

Andrew Ferguson, commercial director of mortgages, buy-to-let and bridging, said: “Many exciting plans are already underway designed to transform UTB’s bridging offering, improve service to brokers, streamline underwriting, ensuring a fantastic experience and outcome for customers. Alex will be using his substantial knowledge and strong broker relationships to help shape and deliver a market leading offering in both buy-to-let and unregulated bridging, catering for experienced real estate developers and landlords as well as first time property investors. I am delighted to have Alex on the UTB team.”

Commenting on his appointment, Alex Alexandrou said: “I have joined UTB at a key and exciting time. We are looking to transform our un-regulated bridging and buy to let propositions into a position where we become the “go to” lender in both these markets. UTB possess all the right capabilities to succeed in these areas already, an experienced team, strong technological capabilities, and stable capital. By tying these elements together, we will have the correct foundations to make a real impact this year."