United Trust Bank extends bridging in Scotland

By Bridging Loan Directory 15th January 2020

United Trust Bank has further enhanced its Bridging offering by extending its service into Scotland. Until now, the Bank’s bridging products were only available if the security property (or properties) was in England or Wales.

The move continues UTB’s commitment to developing the bridging market by supporting brokers across Great Britain with its extensive team of property finance BDMs. Paul Mansell, who serves brokers in the North East and Scotland, is now looking to increase his contacts in Scotland.

Paul Mansell, Business Development Manager at United Trust Bank said:

“I’ve been working with several great brokers in Scotland and it’s clear there’s a growing demand for bridging finance. I’m delighted that I’ll now be able to offer UTB’s competitive products and outstanding service to brokers with requirements in Scotland. I’m looking forward to helping my existing broker contacts develop their bridging business as well as meeting new contacts throughout 2020.”

Alistair Ewing, Managing Director, The Lending Channel said:

‘We’ve enjoyed an excellent working relationship with UTB for a number of years and we were delighted when they decided to launch their short-term finance proposition in Scotland. We were even more chuffed to successfully complete their very first bridging loan in Scotland. Like their other lending products, they made the whole process very easy from start to finish and I look forward to writing more business with UTB in the future.’

Mike Walters, Head of Sales – Mortgages & Bridging, United Trust Bank commented:

“We’re continually enhancing and improving UTB’s property finance offering and I’m excited that we can now provide bridging for Scottish properties. We see huge potential to develop the bridging market in Scotland as we have done across many other parts of Great Britain over the last few years with considerable success.”