Mint Property Finance has streamlined its legal procedures, with its panel of solicitors now having the option of an increased use of title insurance to progress an application.
The new process is eligible for 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 £500K and properties located in England and Wales.
The development is the latest in a series of new measures from Mint Property Finance to meet the evolving needs of the market, including the expansion of its Portfolio Management Team and launch of a new commercial bridging product.
Andrew Lazare (pictured), managing director of 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.”
