The service, which is available on bridging and term refinance applications, leverages Castle Trust Bank’s use of dual legal representation, title insurance, and digital documentation through DocuSign.

The new initiative aims to further streamline and speed up the property finance process.

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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 service follows a series of enhancements by the bank, including a restructure of its operations to introduce a dedicated bridging underwriting team and changes to its heavy refurb products.

Anna Lewis, commercial director at Castle Trust Bank (pictured above), 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.

“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.”