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UTB Mortgages hands Luhmann director role – Mortgage Strategy

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UTB Mortgages hands Luhmann director role – Mortgage Strategy

United Trust Bank Mortgages has confirmed that Barry Luhmann (pictured) has been appointed to the newly-created role of customer support and strategy director –  with Dave Burke taking over Luhman’s previous role as head of BTL underwriting.

Luhmann joined UTB in 2022 ahead of the Bank’s launch into the BTL market. In his new role, he will work closely with director of mortgages, Buster Tolfree, formulating and delivering UTB’s growth plans for the mortgage business.

Burke has been promoted to head of BTL underwriting and tasked with providing a streamlined and high-quality service to introducers on all BTL applications. Formerly a New Lending Manager in the mortgages team, the Bank will announce Dave’s successor in due course.

Announcing the changes, Buster Tolfree, Director of Mortgages – United Trust Bank, said: “Our move into the BTL mortgage market has been a real success story and Barry has played a key part in that. I’m delighted that he is moving into this newly created role, helping to shape the future of this fast-growing mortgage business as we look to develop our offering and distribution.

He added: “Dave has had a similarly great year and will do an excellent job heading up BTL underwriting. The product continues to go from strength to strength as brokers turn on to our flexible criteria and strong appetite to support landlords seeking value and higher yields by diversifying with more unusual rental properties.

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