Castle Trust Bank has launched a fast-track service that commits to completing on a loan within 48 hours of issuing an offer.

The service is available on bridge and term refinance applications and uses dual legal representation, title insurance, and digital documentation through DocuSign.

The new initiative aims to streamline the property finance process, giving investors and landlords access to quick completions.

To qualify for the 48-hour completion service, applications must be refinances only, dual rep with Russell Cooke, qualify for title insurance, have a valid valuation, have an up-to-date redemption statement and be able to have all qualifying documentation signed via docusign.

Castle Trust Bank commercial director Anna Lewis says: “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.”

The launch of the fast-track completions service follows, Castle Trust’s announcement earlier this year 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.