UTB is providing c.£6m of senior debt to fund the development with Iron Bridge providing a further c.£1m of mezzanine finance.

New 2, 3, and 5-year fixes have been added to United Trust Bank's product range as the lender promises to ‘get January jumping’.

United Trust Bank is providing £15m of funding towards the development of 32 luxury apartments in Newquay in Cornwall.

The specialist lender has announced new rate reductions and criteria changes for its Buy-to-Let mortgage range.