Connect for Intermediaries adds UTB to panel
Specialist lender United Trust Bank (UTB) has been appointed to Connect for Intermediaries’ panel to provide first and second charge mortgages, property improvement and bridging loans.
UTB has chosen Connect for Intermediaries to help it expand its distribution across its specialist mortgage and bridging lines. UTB will lend against many property types and will accept employed, self-employed and pension income.
Liz Syms, chief executive of Connect for Intermediaries, said: “UTB’s aim is to broaden its distribution as it expands the range of loans and mortgages that it offers through first charge mortgages, second charges and bridging.
“It is testament to the reputation that Connect for Intermediaries and our brokers have, that a quality specialist lender such as UTB has chosen us to partner with us for the next stages of its growth plans.”
Mike Walters, head of sales, mortgages and bridging, at United Trust Bank, said: “The partnership with Connect for Intermediaries will enable us to expand our lending into a number of new and existing areas.
“Connect has an excellent reputation for its in-depth knowledge of the specialist market and for the quality of its mortgage and loan submissions.
“As such they make an ideal partner and we look forward to working closely with the Connect team as we continue to evolve and grow our mortgage and bridging business.”