1 minute read
New: Streamlined legal process
PRESS RELEASE
Saving borrowers time & money with our streamlined legal process
We understand that the legal process can be the most challenging for brokers and borrowers alike.
That’s why, following a review of the market, we have streamlined our legal procedures, enabling Mint Property Finance to complete a loan quicker, positioning the business among the fastest specialist finance lenders in the industry.
Under our new guidelines, Mint Property Finance’s hand-picked, expert panel of solicitors now has the option to rely on Title Insurance to a greater extent to progress an application, this significantly reduces the time and cost to borrowers.
This new process is applicable to freehold or leasehold kerbside properties, including auction purchases that aren’t subject to significant works, and therefore fitting within the business’s standard bridge and light works products. Loans will be subject to a maximum of £500,000 and properties located in England and Wales.
The development is the latest in a series of measures we at Mint Property Finance are proud to introduce to meet the evolving needs of the market.
Commenting on the move, Andrew Lazare, founder and managing director at Mint Property Finance, said: “With 11 years of successful lending under our belt, we’re now at the successful stage whereby we are comfortable to embrace the more fully encompassing role of Title Insurance.
WE'RE HERE TO HELP BORROWERS, BROKERS AND OTHER PROFESSIONAL INTRODUCERS ALIKE, AND THIS IS JUST ONE MORE STEP ALONG THE WAY
Andrew Lazare