United Trust Bank hires new BDM

He will support brokers operating in London and the South East

United Trust Bank hires new BDM

United Trust Bank (UTB) has further expanded its bridging sales team by adding Jack Heath (pictured) as business development manager.

Heath has joined UTB from Knight Frank Finance, where, for nearly four years, he has been a property finance broker with particular emphasis on serving high-net-worth and ultra high-net-worth individuals and corporate borrowers.

In his new role with UTB, Heath will be supporting brokers operating in London and the South East, increasing their awareness of UTB’s range of property finance products, including regulated and unregulated bridging and refurbishment funding solutions.

The appointment follows a record-breaking year to date for UTB’s bridging division. The bank was also recently named ‘Regulated Bridging Lender of the Year’ at the recent Bridging & Commercial Awards 2022.

Read more: United Trust Bank passes £1 billion mortgage lending milestone.

Heath will report to UTB’s head of sales Owen Bentley, who said he is confident that the new BDM’s experience working on the broking side of the industry will give him valuable insight of the challenges facing brokers today and what they are really looking for from their lender partners.

“His knowledge of a wide range of property finance options and of value-add property development will be a great asset as we continue to make excellent progress in expanding our non-regulated bridging and refurbishment funding business,” Bentley added. “We are still receiving a lot of enquiries and completing high numbers of traditional bridging and refurbishment project cases from experienced brokers, as well as intermediaries new to the sector.”

Commenting on his appointment, Heath said that he is delighted to have joined the team at this exciting time of ambitious growth plans.

“I have always admired the way UTB operate,” he remarked. “They listen to brokers and are always improving their offering and service to give brokers what they need in a fast-moving marketplace.

“I’m looking forward to building new relationships, developing existing ones, and applying my own broking experience to helping introducers complete more bridging business.”