Patel is currently on gardening leave and will take up his new role later this year in November.
Most recently, he served as director of sales and member of the commercial executive committee at Together as well as being in charge of its intermediary channel.
Prior to joining Together in 2018, he was national sales manager at Precise Mortgages.
Commenting on Patel’s appointment, UTB chief commercial officer Mark Stokes says: “Sundeep has a huge amount of experience in the intermediary channel but more importantly he possesses the skills, drive and enthusiasm to build on our recent success and deliver the substantial growth we’re looking to achieve over the next few years.”
“I am looking forward to welcoming him to the Bank and I know he is keen to meet his new team and get on with the job of making UTB the foremost provider of short-term finance.”
“I would also like to thank Owen Bentley and Nikki Brett for maintaining bridging’s excellent performance while we carried out our search for a new director of bridging.”
Bentley and Brett will continue to run the division until Patel joins.