Steve Grant joins from Barclays Bank, where he was a senior real estate manager for multi-million-pound property funding deals in the North West and north Wales. 

UTB hopes that Steve will boost its presence in the North of England by developing relationships with brokers and developers in the area.

Noel Meredith, executive director of UTB, said despite supporting property investors and developers across the country, most of its activity and growth had been in London and the South.

“As the push to build hundreds of thousands of new homes countrywide continues, we are very well placed to encourage that activity by introducing our services to successful SME developers and property entrepreneurs based in the North of England.

•   UTB provides £2.45m bridge for family home
•   UTB appoints ex-Paragon executive
•   UTB promotes Robert Owen to MD of mortgages and bridging

“I am delighted that Steve has joined the bank and is keen to carry our message to a part of the country he knows intimately.

“He brings with him extensive knowledge of the region’s property market and economy and his experience backed by UTB’s award-winning products and service are sure to be a successful combination.”

UTB recently revealed in its latest broker survey that there was a lot of concern that there would be a shortage of development funding following the Brexit vote.

However, Noel added: “…Although some funders may have reconsidered their appetite for development finance, UTB is committed to supporting developers and property professionals as they work towards tackling the nation’s housing shortage and we have the funds available to do just that.”