United Trust Bank (UTB) has promoted David Masters to the role of associate director – intermediaries within its property development division.

Masters has worked in the real estate finance industry since 2017 with lenders including Hampshire Trust and Oblix Capital.

He joined United Trust Bank in 2022 as a manager in the property development division working with housebuilders and introducers operating across the Midlands and supporting their activities with a range of bespoke property development finance solutions.

He will work alongside the property development relationship tea.

Taking up his new role, David Masters said: “I am excited to take on this this new position in the property development team and look forward to working closely with experienced real estate finance introducers. These professionals do more than secure appropriate and competitive development finance. They help build strong, lasting relationships between lenders and clients.”

Such partnerships are essential to driving long-term success and helping deliver the new homes this country needs.”