United Belief Financial institution plans to extend its presence within the unregulated bridging market as a part of ‘transformative’ plans for 2026.
The lender additionally envisages driving progress in transferring refurbishment loans to buy-to-let.
The financial institution went public on its plans after hiring skilled skilled Andrew Ferguson as business director of mortgages, buy-to-let and bridging.
Ferguson mentioned: “I’m delighted to hitch such a well-respected enterprise and sit up for working with the group to additional evolve the proposition throughout purchase to let, bridging and mortgages.
“UTB is nicely positioned to develop in these markets and has nice people who find themselves enthusiastic about specialist lending and guaranteeing we glance after our prospects and middleman companions. 2026 will likely be an thrilling 12 months for UTB and I’m delighted to be part of the journey.”
Ferguson beforehand held senior roles in specialist lenders like Basis Residence Loans, Axis Financial institution and most not too long ago as managing director of buy-to-let at West One Loans.
He’ll report back to Buster Tolfree, managing director of mortgages, buy-to-let and bridging, whereas he’ll deal with driving progress and plans the financial institution labelled ‘transformative’ in 2026.
Tolfree mentioned: “I’m excited in regards to the alternatives which lie forward… and Andrew goes to play a pivotal position in serving to us to drive enterprise progress in these markets. Carry on 2026!”
