UTB completes bridging loan in 24 hours

The Bank’s head of bridging, Alan Margolis explained: “We received an enquiry from Intelligent Loans to assist an experienced property developer whose deadline to complete on the purchase of a buy-to-let residential property had been unexpectedly brought forward. Fortunately there was a useable valuation and we worked closely with Intelligent Loans to ensure that the customer met their deadline. Within a day the funds were made available.”

Rob Coles of Intelligent Loans said: “Intelligent Loans are very impressed with the team at United Trust Bank. Our client had an almost impossible deadline; however UTB managed to pull out all the stops.”