UTB sees increase in bridging enquiries following masterclasses

United Trust Bank (UTB) has seen an uplift in new business enquiries since completing four bridging masterclasses for brokers across Great Britain.

The aim of the sessions was to introduce brokers to key figures and decision-makers in the bank’s bridging division, as well as providing an overview of its regulated and unregulated bridging offering.

The four sessions took place in February and March in Cardiff, Darlington, Motherwell and St Albans with around 80 brokers attending the Masterclasses.

Sundeep Patel, director of bridging at UTB, gave a summary of the market with UTB’s business development managers (BDMs), while Becky Kidby and Helen Wakeford, the firm’s heads of regulated and unregulated bridging, also attended to meet brokers and give tips on making a good case submission.

The bank also welcomed partner valuer and legal firms who gave presentations on the important roles they play in completing a successful bridge.

Paula Purdy (pictured), head of sales – bridging at United Trust Bank, said: “Bridging is an incredibly versatile form of property finance, and it has been great to get out on the road, meet brokers and share what makes UTB an outstanding bridging lender.

“Feedback from the post event survey was excellent with brokers giving us scores of 96% to 100% for the range of topics covered, information provided, quality of the presentations and the organisation of the events.

“This response, and the uplift in enquiries we’ve had since, means we’ll certainly be running similar sessions for more brokers in the future.”

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