He joins from Close Brothers where he held a similar role and has worked in real estate for around 25 years, including roles at RBS and Barclays.

“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,” said Adam Bovingdon, head of property development at UTB.

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“[Last year] was a successful year for the bank’s property development team. At the close we were helping our developer customers create around 4500 new homes across England and Wales and we are aiming to help housebuilders deliver even more in 2025.”

In 2024, UTB sanctioned over £1bn of funding for a variety of residential and mixed-use schemes across England and Wales.

Andy added: “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.”