Castle Trust Bank has launched a new fast-track service that enables completions within 48 hours of an offer being issued, aimed at meeting demand for greater speed and certainty in property finance.
The service is available for Bridge and Term refinance applications and is enabled through the bank’s use of dual legal representation, title insurance, and digital documentation via DocuSign.
It builds on Castle Trust Bank’s recent operational enhancements, including the creation of a dedicated Bridging Underwriting team and the expansion of its Underwriting and Sales teams.
To qualify for the 48-hour completion service, cases must be refinances, use dual representation with Russell Cooke, qualify for title insurance, have a valid valuation, provide an up-to-date redemption statement, and complete documentation digitally.
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.”
She added: “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.”
