United Trust Bank (UTB) has announced the appointment of Martin Sims (pictured above) as its national distribution manager.
Martin has over 20 years of experience in the mortgage industry, having previously served as development director at HL Partnership and head of distribution at Castle Trust.
His new role will see him implement UTB’s growth strategy for its mortgages and bridging division and broaden its distribution with networks, mortgage clubs and the direct adviser market.
He will work closely with the commercial directors for the mortgages and bridging division in his new role.
This appointment follows Mike Walters’ promotion to head of sales for mortgages and bridging at the specialist bank.
Robert Owen, managing director of mortgages and bridging at UTB, said: “UTB continues to develop its mortgages and bridging offering both in terms of products and distribution.
“We are investing in technology to improve the broker experience and most importantly we are recruiting experienced industry professionals who can help us in the next exciting phase of the bank’s growth.
“We have made a significant impact on the specialist mortgage sector in a short time and Martin brings a wealth of knowledge to the team as we develop our relationships with networks, clubs and the DA market.
“Put that together with the expanded BDM presence under Mike’s leadership and we are looking forward to even greater success in the future.”
SIGN UP TO OUR NEWSLETTER TO RECEIVE MORE NEWS LIKE THIS STORY
Nationwide partners with seven fintechs to support financially squeezed
Nationwide Building Society has selected seven fintech companies to create apps that will increase financial capability...
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...