AToM and UTB arrange £1.7m bridge

Mortgage Introducer

August 1, 2017

All Types of Mortgages and United Trust Bank have arranged a £1.7m regulated bridging loan in nine days.

The client had exchanged contracts on a property and paid a large non-refundable deposit – however she hadn’t had any firm offers on her £2.8m property.

Vic Jannels, chairman of AToM, said: “This was a classic example of everyone pulling together for the benefit of the client.

“UTB could not have been more helpful and the broker worked closely with the client to ensure all documentation was delivered as soon as it was requested.”

Rob Love, bridging sales manager at United Trust Bank, said: “Completing this loan from a standing start in nine days with no existing valuations available to re-address is an excellent result and testament to the great teamwork between United Trust Bank and AToM.”

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