StreamBank has completed its fastest case in Scotland to date.
It delivered a £225K regulated bridging loan in 15 working days.
The funding was secured against the borrower’s current residence in Pathhead, which is currently listed for sale, and was used to raise capital toward the purchase of a new home.
StreamBank recently began operating in Scotland and has committed to expanding its footprint north of the border.
LEGALS
The team worked in close collaboration with McVey & Murricane Solicitors to navigate Scotland’s distinct legal conveyancing processes.
The application was submitted, and funds were disbursed within a few weeks.
Allan Radlow, senior partner at McVey & Murricane, said: “At McVey & Murricane Solicitors, we are committed to delivering seamless legal support tailored to the unique requirements of the Scottish property market. Collaborating with StreamBank on this transaction demonstrated how a proactive and efficient approach can achieve outstanding results.
“Completing the legal process for a £225k bridging loan in 15 working days reflects the strong partnership and shared commitment to client satisfaction. We are proud to have supported StreamBank in expanding its footprint in Scotland and look forward to working together on future innovative solutions.”
“We are proud to expand our presence in Scotland and hope this case inspires brokers and clients north of the border to consider StreamBank for their lending needs”
Jamie Smith (pictured), business development manager for StreamBank, added: “This case showcases our ability to deliver swift solutions tailored to our customers’ needs. By working closely with McVey & Murricane Solicitors, we demonstrated how effectively we can navigate Scotland’s unique legal landscape, ensuring a flawless experience for the client.
“We are proud to expand our presence in Scotland and hope this case inspires brokers and clients north of the border to consider StreamBank for their lending needs. Whether it’s a bridging loan or another specialist product, we are ready to deliver fast and reliable solutions.”
