UTB seeks to grow northern business volumes

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United Trust Bank is looking to support developers and brokers in the north of the country.

Its teams providing development and bridging finance already fund a number of development projects beyond London and the South East and see considerable potential for further growth in the North of England.

Noel Meredith (pictured), executive director of United Trust Bank, said: “Much of the activity and growth over the last five years in the UK residential market has come from London and the South East but the recovery continues to spread across the country.

“We are already participating in this growth but wish to increase our funding of successful developers and property entrepreneurs who are based in the North of England.

“As part of our plans to increase the Bank’s presence in the North, we are looking to recruit experienced property finance bankers who will be based in the area. Their objectives will be to develop new business opportunities by building relationships with brokers and developers and introducing them to UTB’s award winning development and bridging finance services.

“We see great potential for the role and for the Bank to become a significant property finance lender supporting individuals, property investors and SME developers across the North of England.”

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