United Trust Bank appoints Alex Tyrwhitt new director of Structured Property Solutions role
United Trust Bank (UTB) is continuing to develop its real estate finance offering with the appointment of Alex Tyrwhitt to the newly created role of director – Structured Property Solutions, leading both Structured Property Finance and Strategic Partnership teams.
Alex has worked in the UK real estate industry since 2007 and is a highly experienced property finance professional. He is a chartered surveyor, former RICs registered valuer and has previously worked for Lambert Smith Hampton, GE Capital and HSBC. Prior to joining UTB, Alex spent 8 years at Octane Capital as director of Structured Finance.
As director – Structured Property Solutions, Alex will report to UTB’s chief commercial officer Mark Stokes and work closely with Gerard Morgan Jackson, founder and sales director – Structured Property Finance, Ben Peters, head of Strategic Partnerships, and lead the wider Structured Property Solutions team.
The division aims to structure high value (£1m+) bespoke real estate solutions for brokers, developer and investor borrowers and strategic lending partners for complex bridging, investment and property improvement/repositioning projects, both residential and commercial, across England and Wales. UTB offers a high degree of structuring flexibility with terms from 6 months to 5 years, rolled, retained or serviced interest on facilities for a wide range of purposes including equity release and committed bridge to investment facilities. The offering is described as bank pricing with non-bank speed of delivery with direct access to senior, experienced decision makers.
Commenting on his appointment, Alex Tyrwhitt said: “I am excited to join UTB and have the opportunity to work with a talented and knowledgeable team in further developing the Bank’s structured property solutions and delivering the next phase of UTB’s growth strategy in the sector. UTB has established an excellent reputation for providing competitive, bespoke facilities quickly and with outstanding broker and customer service and we will be aiming to build on that success as we develop our activities and reach.”
Mark Stokes, chief commercial officer – United Trust Bank, commented: “The Structured Property Finance team have achieved rapid growth in the last five years, and we see considerable opportunity for the Bank to be an even more significant participant in the sector. Alex’s broad experience and track record make him the ideal person to lead the enlarged division to even greater success.”