United Trust Bank has appointed Andy Porter as senior director to its business development team.
Porter joins with 25 years experience in real estate finance with lenders including RBS and Barclays. Most recently, he worked at Close Brothers as business development director.
In his new role, Porter will assist housebuilders and developers operating across the South of England to secure funding for residential and resi-led mixed use developments for both build to sell and build to rent sectors.
Porter’s appointment comes after Andy Thomson was hired to the newly created role of senior director of operational real estate.
United Trust Bank head of property development Adam Bovingdon says: “Andy has joined us at an excellent time as we’re seeing high levels of enquiries from housebuilders and developers looking to take advantage of increasing activity in the market as well as the government’s commitment to get Britain building.”
Commenting on his appointment, Porter adds: “UTB has established an excellent reputation as an experienced and reliable relationship lender. I am excited to have joined the Bank at this busy time as it continues to support SME housebuilders and targets further lending growth this year and in the future.”
