United Trust Bank strengthens Development Finance team with two new appointments
29 July 2014
United Trust Bank is continuing to build its Development Finance business by appointing Adam Bovingdon and Steve Brigly to the team.
Adam and Steve join United Trust Bank as Property Development Managers with key responsibilities to enable United Trust Bank to increase its lending capacity whilst maintaining high service levels to brokers and borrowers.
Adam Bovingdon joins the team having spent 8 years at RBS, most recently in a business development and relationship management role within the Real Estate Finance team. Whilst at RBS Adam managed a multi-million pound portfolio of residential and commercial clients.
Adam commented: “I’m very happy to be joining United Trust Bank. Over the last year or so I’ve heard on many occasions, even from former clients, how the UTB team are really getting out and lending, not just talking about it, and also how the service they provide as a high quality specialist lender leaves the mainstream banks firmly in their shadow. I’m looking forward to working with a lender which has gained such an outstanding reputation.”
Steve Brigly joins from One Savings Bank (formerly Kent Reliance Building Society) where he was head of commercial lending. There he also played an integral part in the preparations for the JC Flower investment. During his 25 years in the industry Steve has also gained considerable experience of specialist property lending working at the Belgian KBC Bank and Close Brothers Property Finance.
Steve commented: “I really love to go out and meet customers on site, put deals together and provide a really personal service. That’s something United Trust Bank has built its reputation on, so when the opportunity came along to join the team, I jumped at the chance.”
Noel Meredith, Executive Director at United Trust Bank said;
“There’s been no let-up in demand for development finance at UTB with proposals and completions continuing to increase throughout this year. With Adam and Steve joining the team we can guarantee our ability to continue delivering very high service levels and at the same time extend our capability to allow us to consider even more proposals.
“Both Adam and Steve bring with them a great deal of knowledge and experience but perhaps most importantly they share our desire to deliver a service which goes far beyond that offered by most other lenders in the sector and one which differentiates us completely from those on the High Street. With a bigger team and a strong ambition to further increase our lending and market share, we are committed to making United Trust Bank the best and busiest specialist development finance lender around.”
ENDS
For further information:
Jason Wyer-Smith – Blaze Communication: 07824 818242
Notes to Editors:
To link to our website please use: http://www.utbank.co.uk/
United Trust Bank
United Trust Bank is a specialist bank providing a wide range of secured funding facilities and deposit accounts for individuals, businesses and charities. We provide quick and flexible funding solutions to brokers and their clients supporting sound property development, bridging and asset finance proposals. United Trust Bank takes an entrepreneurial and pragmatic approach to business and we are driven to understand our customers’ needs, to deliver the highest levels of service and build strong relationships for the long term.
United Trust Bank was incorporated in 1955 and has many decades of lending experience. Our management team has a long history of working together and we employ a team of highly experienced professionals. Our flat management structure minimises bureaucracy, encourages flexibility and enables quick decision making and innovation. As an entrepreneurial and customer focused organisation, we develop our business so that we may continue to meet the evolving needs of our customers and take advantage of new opportunities.
United Trust Bank has successfully operated in the development finance market for several decades. Whilst other lenders have come and gone United Trust Bank has been a reassuring constant for brokers and developers during turbulent times. Building on our deep knowledge of property and credit, our bridging department has expanded quickly to become one of the most respected teams in the bridging industry, winning several awards for outstanding service. Our asset finance department utilises the expert knowledge of the team to offer finance packages secured against a wide selection of wheeled and tracked assets.
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