StreamBank has introduced title insurance across all new bridging loans up to £2m, with the change taking immediate effect. Unless requested otherwise, all cases within scope will now be quoted with title insurance provided by Westcor.
The policy is designed to reduce the number of solicitor checks needed during the legal process, supporting faster completions. It covers key risks including title defects, and confirms the lender holds a valid and enforceable first charge on the property. The insurance applies to dual legal representation on refinance cases and to both purchase and refinance where single representation is used.
The lender said the move is intended to provide greater certainty and avoid unnecessary delays, particularly in time-sensitive or legally complex transactions.
Roz Cawood, managing director of lending at StreamBank, said: “Adding title insurance into the mix is a simple change that can make a big difference. It gives clients peace of mind and allows brokers to deliver a smoother experience without sacrificing security. This is especially valuable on smaller deals where delays can have a disproportionate impact. We’re always looking for ways to make life easier for brokers, and this is just one more way we’re doing that.”
The update follows the January launch of StreamBank’s StreamLine Bridging product, which offers rates from 0.65% per month and is designed for larger residential bridging loans.
