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UTB appoints DeCroos to head of originations role By Rebekah Commane 20 th April 2021 12:38 pm United Trust Bank has hired Paul De Croos in the role of head of originations – property development. De Croos joins UTB from the Bank of London and the Middle East (BLME) where he was most recently head of real estate finance. Prior to this he spent 15 years working at RBS in several senior roles. He takes over the role at UTB from Adam Bovingdon, who was recently appointed head of property development following Noel Meredith’s retirement in March. De Croos will be r...

Homes England and United Trust Bank launch £250m Housing Accelerator Fund A new five-year lending alliance between United Trust Bank and Homes England will provide development finance to SME builders. From: 16 February 2021 Homes England, the Government’s housing delivery agency and United Trust Bank (UTB), an established specialist lender, have today announced a £250 million fund to support small and medium-sized builders with development finance at up to 70% Loan to Gross Development Value. The Housing Accelerator Fund will provide construction loans between £1m and £10m. The alli...