Sundeep Patel set to Join United Trust Bank as director of bridging
United Trust Bank (UTB) recently revealed that it had appointed Sundeep Patel to the key role of director of bridging, with a mandate to significantly grow the Bank’s short term lending business. The Bank is now able to confirm that Sundeep will start his new role on the 1 November 2022.
Sundeep is a highly experienced and well-known figure who has worked in the financial services industry for over 20 years. Most recently he was director of sales and member of the commercial executive committee at specialist lender Together and was in charge of their Intermediary Channel.
One of Sundeep’s first opportunities to meet with contacts old and new since announcing his exciting new appointment, will be at the Finance Professionals Show on the 10 November at London’s Olympia. Sundeep will be part of UTB’s sizeable contingent on their eye-catching stand.
United Trust Bank’s Bridging division is recognised as the leading provider of regulated bridging finance. It has significantly increased its new business volumes in the last 12 months following the introduction of innovative new services such as FastTrack and the implementation of technology to empower brokers and accelerate bridging applications. Earlier this year the Bank refreshed its non-regulated bridging proposition with enhanced criteria and created a team of underwriters and case managers specifically tasked with accelerating non-regulated bridging proposals. The move was widely welcomed by brokers leading to a significant uplift in new business enquiries.
Sundeep Patel, United Trust Bank’s new director of bridging, commented: “I am really excited to get to work at UTB and I am looking forward to finally meeting the whole Bridging team and catching up with people I haven’t seen since the summer. We have exciting plans to kick off as we set out on a journey to make UTB the first choice for all bridging finance – #thehomeofbridging.
“I was delighted to see that UTB picked up another award for its regulated bridging offering. We plan to win awards in every category at every awards next year. Our aim is to be recognised as the best bridging lender in the market – full stop.”
Mark Stokes – chief commercial officer, United Trust Bank, commented: “It has been a frustrating wait for Sundeep and the Bank, but we are delighted that he is finally joining the team on the 1st of November and can continue to build on what has been an extremely busy and interesting year for UTB’s bridging business.
“Owen Bentley and Nikki Brett have been outstanding in maintaining Bridging’s momentum and delivering a superb performance. I am confident that Sundeep, Owen and Nikki will be a strong and successful team, leading UTB’s bridging business to the top of the table and achieving our long-term objectives.”