United Trust Bank (UTB) has appointed Michael Macleod (pictured) as business development manager in its bridging sales team.
Macleod’s career in finance spans more than 10 years and he has held various roles in both sales and credit functions with companies including Together, Ford Credit Europe and most recently, P2P real estate lending platform EstateGuru Marketplace.
In his new role Macleod will be based in Manchester, supporting brokers across the Midlands, North-West of England and Scotland increasing awareness of UTB’s wide range of property finance products including regulated and unregulated bridging and refurbishment funding solutions.
He will work closely with and report to UTB bridging key account manager Paul Delmonte who is based in Manchester.
The appointment follows a record-breaking year for UTB’s bridging division with originations increasing by c.33% year on year and a significant uplift in the volume of unregulated bridging transacted by the Bank.
Delmonte said: “Michael has joined UTB Bridging at a very exciting time with demand for our competitive products and great service continuing to grow by the day.
“The Midlands and North-West is seeing considerable growth and regeneration and there’s an excellent opportunity for UTB to build new relationships with the many experienced brokers operating across the region as well as further develop our existing contacts by helping them to grow their businesses and ours.”
Macleod added: “UTB have a great reputation in the bridging market both for the way they do business and the culture they encourage.
“I also believe that there is a significant opportunity to develop their share of the unregulated bridging sector and their presence amongst brokers in the Midlands, North of England and Scotland. I’m looking forward to working with Paul and the rest of the team in helping the Bank achieve its impressive growth ambitions.”
