Related topic: united trust bank

The Bank is targeting growth in trust deposits business through solicitors, IFAs and other professionals.

UTB has also introduced additional flexibility across several areas of its bridging proposition.

UTB has relaxed minimum AVM confidence levels across all LTV bands.

OMS users can now access UTB’s first charge residential mortgage products without rekeying data.

The lender has increased flexibility on benefits income for affordability, relaxed requirements for later life lending and enhanced AVM rules for second charge loan applications.

Rates now start from 0.57% per month for regulated and light refurbishment bridging loans.

The changes are designed to simplify and accelerate application to offer journeys for brokers and customers.

Alex has held previous roles at Octopus Real Estate and most recently Cohort Capital.

Rates have been reduced across the lender's super prime and specialist ranges.

The Bank has expanded its underwriting and KYC teams.