Commercial Director - Property
The service, which is available on Bridge and Term refinance applications, leverages our market-leading use of dual legal representation, title insurance, and digital documentation through DocuSign.
The new initiative is designed to further streamline the property finance process, giving investors and landlords access to rapid completions where speed is essential. To qualify for the 48-hour completion service, applications must:
- Be refinances only
- Be Dual Rep with Russell Cooke
- Qualify for Title Insurance
- Have a valid valuation
- Have an up-to-date redemption statement
- Be able to have all qualifying documentation signed via Docusign.
The launch of the fast-track completions service follows a series of enhancements by Castle Trust Bank, which earlier this year announced that it had restructured its operations to introduce a dedicated Bridging Underwriting team, grown its Underwriting and Sales teams and introduced ‘no search’ indemnity insurance on Heavy Refurb cases as standard.
Anna Lewis, Commercial Director at Castle Trust Bank, said: “Speed and certainty are just as important between offer and completion as pre-offer and our new 48-hour refinance completion service commits to delivering both. It’s a perfect example of how we’re using smart processes and trusted partnerships to make a real difference to brokers and their clients.”
“We’ve already proven that we can move from offer to completion in just nine hours when all the right conditions are met. Now, with this new service, we’re offering brokers a clear and dependable route to fast-track refinance, committing to a 48-hour turnaround without compromising on diligence or service.”
