United Trust Bank (UTB) has announced the appointment of Martin Sims (pictured above) as its national distribution manager.
Martin has over 20 years of experience in the mortgage industry, having previously served as development director at HL Partnership and head of distribution at Castle Trust.
His new role will see him implement UTB’s growth strategy for its mortgages and bridging division and broaden its distribution with networks, mortgage clubs and the direct adviser market.
He will work closely with the commercial directors for the mortgages and bridging division in his new role.
This appointment follows Mike Walters’ promotion to head of sales for mortgages and bridging at the specialist bank.
Robert Owen, managing director of mortgages and bridging at UTB, said: “UTB continues to develop its mortgages and bridging offering both in terms of products and distribution.
“We are investing in technology to improve the broker experience and most importantly we are recruiting experienced industry professionals who can help us in the next exciting phase of the bank’s growth.
“We have made a significant impact on the specialist mortgage sector in a short time and Martin brings a wealth of knowledge to the team as we develop our relationships with networks, clubs and the DA market.
“Put that together with the expanded BDM presence under Mike’s leadership and we are looking forward to even greater success in the future.”
SIGN UP TO OUR NEWSLETTER TO RECEIVE MORE NEWS LIKE THIS STORY
Shawbrook provides £5.4m facility to fund leisure park purchase
Shawbrook Bank has provided a £5.4m facility to Blue Sky Resorts to fund the purchase of the Spring Willows Leisure Park in Scarborough from the latter’s former landlord...
Tandem to launch financial education programme for young people
Tandem Bank has partnered with social mobility charity Brightside to launch Money Hacks — a dedicated financial education programme — in a local school...
Revolut launches savings platform for friends and family
Revolut has launched Group Vaults, a platform that enables customers to save with family and friends towards a common goal...
TSB announces two leadership appointments
TSB has appointed Robin Bulloch as customer banking director (pictured above) and Suresh Viswanathan as chief operating officer...
Industry reacts to Tesco Bank exiting mortgage market
Tesco Bank announced yesterday (21st May) that it had ceased new mortgage lending...
YellowDog names new CCO amid plans to enter financial services market
YellowDog has named James Stevens as its new chief commercial officer as part of its plans to enter the financial services market in the UK, US and Europe...
Is the UK punching beneath its weight when it comes to fintech?
The UK, and London in particular, has established itself as the world’s most important hub for fintech and an incubator of ideas, talent and capital. We must, therefore, ensure it retains its pre-eminence regardless of what Brexit brings...
Arbuthnot Commercial ABL funds MBI of Bornmore Metals
Arbuthnot Commercial ABL has funded the management buy-in (MBI) of non-ferrous metal stockholder Bornmore Metals...
Tesco Bank ceases new mortgage lending
Tesco Bank has announced that it has ceased new mortgage lending and is actively exploring options to sell its existing mortgage portfolio...
Aldermore grows from 30 to over 1,000 employees since launch
Aldermore has reached its 10-year banking milestone...
Charity Bank reports 43% lending surge in 2018
Charity Bank has revealed that it provided £48.6m to charities and social enterprises in 2018...