View more on these topics

United Trust Bank appoints new head of product development

United Trust Bank have appointed Simon Burnell as head of product development for mortgages and bridging.

Burnell has over 20 years’ experience in the specialist mortgage industry, and was formerly Vida Homeloans director of sales.

The responsibilities of the new role include monitoring and analysis of UTB’s existing mortgage and bridging products, as well as identifying and delivering new mortgage products and lending volumes in-line with growth.

UTB commercial director of mortgages Buster Tolfree says: “Simon’s appointment in this new role increases our capability to deliver innovative new products whilst continuing to ensure that our current suite remains competitive.

“Simon will work closely with Mike Walters and I, as we evolve UTB’s offering both in terms of products and distribution.

“We are recruiting experienced industry professionals who can help us in the next exciting phase of the Bank’s growth and we are investing in technology to improve the broker and customer experience.”

Recommended

Data-Corporate-Finance-Business-Pen-Graph-Growth-700x450.jpg

Broker sentiment for 2019 mixed: UTB

United Trust Bank’s most recent broker sentiment survey found differing results from brokers on business performances in 2018 and growth expectations for 2019. Over half of brokers, 51 per cent, operating in the property and asset finance sectors, expect to see good to excellent business results from 2018. However, 30 per cent anticipate no growth […]

Tolfree-Buster-2017

Exclusive: UTB enters first charge mortgage market

United Trust Bank has launched into the first charge residential mortgage market with what it’s calling a ‘mini-mortgage’ product. The second charge specialist has added a first charge product range that allows customers to release equity from an unencumbered property, with loans available from £5,000 to £100,000 and up to 75 per cent LTV. The […]

Mark-Carney-BoE-700x450.jpg
2

Interest rates predicted to rise in early 2020s

On 2 August 2018, the Bank Of England raised interest rates from 0.5 per cent to 0.75 per cent. The previous base rate rise was in November 2017, from 0.25 per cent to 0.5 per cent, which was the first raise for more than a decade. Mark Carney, governor of the Bank of England, said in August […]

Newsletter

News and expert analysis straight to your inbox

Sign up