UTB Bridging Goes Further to Deliver £505,000 Unregulated Bridge for Property Developers

09 July 2026

United Trust Bank (UTB) Bridging has completed a £505,000 unregulated bridging loan to help an experienced property investment and development company acquire and refurbish a detached family home in Leigh-on-Sea before refinancing onto a buy-to-let mortgage.

Introduced by Bradley Moore, Deputy CEO at Brightstar, the 75% LTV facility enabled the borrower to purchase the four-bedroom property before undertaking a £50,000 light refurbishment programme to improve the property to a high standard for the rental market before adding it to its growing buy-to-let portfolio.

Understanding the importance of speed and agility with this deal, UTB’s Bradley Illman ensured the valuation was instructed on the same day the application was received and, to avoid unnecessary delays, he also collected the required documentation from Brightstar in person, helping the case progress quickly and efficiently through underwriting.

The purchase completed on schedule and, following the eight-week refurbishment programme, the borrower refinanced onto a buy-to-let mortgage, releasing the bridge and enabling the business to focus on its next investment opportunity.

Bradley Moore, Deputy CEO at Brightstar, said:

"Speed and certainty are vital on refurbishment projects like this, but so is working with people who genuinely want to help. Brad and the team at UTB were proactive throughout, keeping the deal moving and finding practical ways to avoid delays. That commitment made a real difference and helped our client complete a successful project.”

Bradley Illman, Head of Sales – Bridging, at United Trust Bank added:

"Property investors need a lender who understands the pace they work at and is prepared to do whatever it reasonably can to help them meet important deadlines. Sometimes it's the small things that make the biggest difference, whether that's instructing a valuation immediately or simply getting out of the office to collect documents if it helps keep a deal moving quickly.

“Our focus is always on providing a responsive, relationship-led service that gives brokers and their clients the confidence to act quickly when the right opportunity comes along."