Ben Jenkinson joins UTB property development division in senior strategy role

By Bridging Loan Directory 5th September 2024

United Trust Bank (UTB) has appointed Ben Jenkinson as Head of Product & Strategy in its Property Development division.

Ben has over 20 years experience in real estate finance holding senior positions across both public and private sectors and with lenders and agencies including Nationwide, RBS and Homes England.

Ben’s expertise extends to product creation, origination, credit, transacting and restructuring.

In his new role with UTB, Ben will be working with Head of Property Development Adam Bovingdon and Head of Originations – Property Development, Paul DeCroos.

The role will see Ben supporting the Bank as it aims to maintain its strong growth by assisting even more housebuilders and developers across England & Wales in their endeavours to build the many thousands of new homes the UK needs.

Continuing its investment in people, and in response to greater demand for development funding seen since the start of the year, the Bank also announced the appointment of Kayleigh Simpson as Manager – Property Development.

Kayleigh has worked in real estate and commercial banking for 11 years with lenders including Cynergy Bank and RBS.

In her new role she is assisting housebuilders operating across the North West of England with a range of development finance and developer exit solutions.

Adam Bovingdon, Head of Property Development – United Trust Bank, commented:

“With the economy continuing to improve and demand for development finance growing stronger, we’re keen to provide housebuilders and developers with the products and service they need to seize opportunities and build their businesses.

We have never been busier supporting projects in the North of England and Kayleigh will ensure we maintain our high levels of service to customers whilst continuing to build awareness of UTB amongst housebuilders operating in the North West.

Ben’s extensive experience in creating innovative finance solutions will help us to create a suite of new products as we continue to evolve our proposition and service to meet the changing needs of housebuilders.

The future is looking increasingly bright and UTB aims to be at the forefront of specialist development finance lenders as we encourage our customers to look ahead with renewed confidence and ambition.”