United Trust Bank (UTB) has appointed Ben Jenkinson as head of product and strategy in the firm’s property development division.
In his new role, Jenkinson, who has more than 20 years’ experience in real estate finance, will work with UTB’s head of property development Adam Bovingdon and head of originations – property development Paul DeCroos.
UTB has also appointed Kayleigh Simpson as manager – property development. Simpson, who has worked in real estate and commercial banking for 11 years for lenders including Cynergy Bank and RBS, will assist housebuilders operating across the North West of England with a range of development finance and developer exit solutions.
Bovingdon said: “With the economy continuing to improve and demand for development finance growing stronger, we’re keen to provide housebuilders and developers with the products and service they need to seize opportunities and build their businesses. We have never been busier supporting projects in the North of England and Kayleigh will ensure we maintain our high levels of service to customers whilst continuing to build awareness of UTB amongst housebuilders operating in the North West.
“Ben’s extensive experience in creating innovative finance solutions will help us to create a suite of new products as we continue to evolve our proposition and service to meet the changing needs of housebuilders. The future is looking increasingly bright and UTB aims to be at the forefront of specialist development finance lenders as we encourage our customers to look ahead with renewed confidence and ambition.”
