United Trust Bank (UTB) has appointed Simon Burnell (pictured above) as head of product development for its mortgages and bridging division.
Simon joins the specialist bank from Vida Homeloans, where he was director of sales.
He will be responsible for the monitoring and analysis of UTB’s existing mortgage and bridging products to ensure the bank maintains competitiveness and market share, as well as identifying and delivering new mortgage products and lending volume in line with UTB’s growth strategy.
Buster Tolfree, commercial director of mortgages at United Trust Bank, said that it had been a busy and successful first three years in the mortgage sector for the bank.
“Simon’s appointment in this new role increases our capability to deliver innovative new products, while continuing to ensure that our current suite remains competitive.
“Simon will work closely with [me and Mike Walters] as we evolve UTB’s offering both in terms of products and distribution.
“We are recruiting experienced industry professionals who can help us in the next exciting phase of the bank’s growth and we are investing in technology to improve the broker and customer experience.
“We have already made a significant and positive impact on the specialist mortgage sector and we look forward to even greater success in the future across a wider spectrum of mortgage lending.”
SIGN UP TO OUR NEWSLETTER TO RECEIVE MORE NEWS LIKE THIS STORY
Metro Bank to open first store in Liverpool
Metro Bank is set to open a new store in Liverpool on Paradise Street...
Investec removes SVR from all new fixed rate mortgages
Investec Private Bank has removed the standard variable rate (SVR) on its two-, three-, four-, five- and 10-year fixed rate product range for all new clients...
Mid-size automotive manufacturers miss out on £25bn in revenues
UK mid-sized automotive manufacturers could be missing out on £25bn in revenues as a result of insufficient access to funding, according to research from Wyelands Bank...
Leek United hires new finance director
Leek United Building Society has named Rob Broadbent (pictured above) as its new finance director...
Handelsbanken posts 7% lending surge
Handelsbanken has revealed in its latest quarterly results that its UK lending increased by 7% to £21.1bn in Q1 2019 compared with the same period last year...
Al Rayan Bank expands Birmingham headquarters
Al Rayan Bank has expanded its operational headquarters in Edgbaston, Birmingham...
Cynergy Bank bolsters senior leadership team
Cynergy Bank has strengthened its senior leadership team with two new appointments...
Dispelling overseas property investment myths
When people talk about overseas buyers ‘snapping up’ UK property, assumptions about their supposed negative impact on the housing market abound...
Arbuthnot Latham appoints private banker to Manchester office
Arbuthnot Latham has announced the appointment of Barry Grieve as senior private banker to its Manchester office...
United Trust Bank launches exclusive broker promotion
United Trust Bank (UTB) has launched its 2019 ‘Live and Learn’ broker promotion...
Triodos supports extension of Bristol music venue
Triodos Bank has part-funded the £6.3m extension at the music venue St George’s Bristol...