UTB has appointed Daniel Carlisle (pictured above), as senior director of property development, with Sean Skelt and Gary Hunt joining as managers of property development.

In his new role Daniel will be responsible for supporting housebuilders and developers across London and the south east of England with development finance and exit solutions.

He joins from Investec where he worked in structured property finance, having previously also worked as a relationship manager at the Royal Bank of Scotland — he brings over 25 years’ experience to the role.

Sean will cover the same region and joins from Arbuthnot Latham, after previously working at Metro Bank.

He is experienced in structuring and managing property investment loan, while funding a wide variety of new build and PDR residential schemes.

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Gary joins from Close Brothers Property Finance where he was a senior portfolio manager — at UTB, he will work closely with senior director Paul Flannery in supporting the latter’s portfolio of existing clients.

Adam Bovingdon, head of property development at UTB, said the trio had been hired in response to a surge in business with nearly £500m in credit approvals so far in 2024.

“With economic indicators improving, we expect housebuilders and developers to approach the future with growing confidence and for activity to increase still further,” said Adam.

 
“I am delighted to welcome Daniel, Gary and Sean to UTB as they join an extensive team of skilled and experienced lending directors and managers supporting housebuilders and developers across the country with a variety of dependable development finance and developer exit solutions.”