As part of its on-going commitment to speed up the time it takes to process applications and deliver finance – Shawbrook will now be offering title insurance for residential purchases as well as remortgages.
In the last few months, Shawbrook Bank has been trialling the product, to which feedback has been incredibly successful.
As part of its continued dedication to brokers, the Bank will also be applying the insurance offering to HMOs and multi-units.
Speaking on the announcement, Karen Bennett, Sales & Marketing Director, Commercial Mortgages, Shawbrook Bank said: “We’re constantly looking for ways to help our brokers, making all parts of the process more efficient. Title insurance has allowed us to move very quickly on remortgages and we’re pleased now to be able to offer it on new purchases as well.”
Speaking from a broker’s perspective, Jason Rogerson, Managing Director, Liquid Funding, who has been using title insurance with clients, said: “Shawbrook is always on the lookout for ways to help brokers close deals faster and this move hits the nail on the head.
“I can thoroughly recommend title insurance, it’s an excellent tool to have to hand. When I need to push cases through to completion quickly it can save vital time.”
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