United Trust Bank has announced the appointment of a new head of buy-to-let (BTL) as the firm prepares to launch a new set of products into the BTL sector.
The bank confirmed that Barry Luhmann will head up a new BTL team as an extension of its existing residential mortgage and second charge loan offering.
Luhmann has held senior positions with lenders including Trussle Lab, Lloyds Banking Group and BlackRock European Mortgage Strategies.
He commented: “UTB has established a strong reputation for offering great products with outstanding service and technology providing first class speed and ease of interaction.
“I’m looking forward to leading UTB Mortgages for Intermediaries into the BTL market whilst upholding those same very high standards. I’ll be making team appointment announcements in due course and sharing product details as we approach launch.”
UTB director of mortgages, Buster Tolfree, added: “The new BTL products will be typical of UTB; common sense underwriting and accessible criteria packaged up in a digital first process. We’ll utilise our existing application platform offering cutting edge digital processes supported by skilled and knowledgeable staff dedicated to ensuring applications are processed quickly and smoothly.
“We will continue to work closely with our valued introducers about the things we can do to help them write more BTL and other mortgage business and you can expect more exciting news from UTB Mortgages throughout 2022.”
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