Castle Trust Bank has launched a new fast-track refinance service, offering to complete loans within 48 hours of issuing an offer.

The service, which is available on both bridge and term refinance applications, draws on Castle Trust Bank’s use of dual legal representation, title insurance and digital documentation through DocuSign to accelerate the completion process. It is designed to offer investors and landlords rapid access to finance where speed is essential.

To qualify for the 48-hour service, applications must be refinances only, use dual representation with Russell Cooke, qualify for title insurance, have a valid valuation and an up-to-date redemption statement, and enable all documents to be signed digitally.

The launch follows a series of operational changes at Castle Trust Bank aimed at streamlining the property finance process. Earlier this year, the bank introduced a dedicated bridging underwriting team, expanded its underwriting and sales functions and added ‘no search’ indemnity insurance as standard on heavy refurbishment cases.

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

She added: “We’ve already proven that we can move from offer to completion in just nine hours when all the right conditions are met. 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.”