Shawbrook boosts legal offering

Chanice Henry | 06:30 Thursday 18th September 2014 | 22

Shawbrook Bank has announced that it is extending its solicitor non-representation offering to include limited companies across all products on refinances, regardless of property type..

p> Shawbrook Bank has announced that it is extending its solicitor non-representation offering to include limited companies across all products on refinances, regardless of property type. It is now available on all individual and limited company refinance applications up to £1 million.

The limited company client may now waive the right to solicitor representation, making the process quicker.

The bank has already begun to see the benefits of Pure Law and Wilson McKendrick continuing to conduct the conveyancing on its behalf. The enhanced ‘non-rep’ facility saves money for the client by eliminating a set of solicitor fees.

Karen Bennett, Sales & Marketing Director, Commercial Mortgages, Shawbrook Bank: "This new development will mean a smoother experience for both brokers and clients. We have already seen the benefits of non-rep refinance compared to represented refinances for individual borrowers and these are clear in our monthly SLA performance bulletins.

“We’re confident it will be the same for limited companies.”

Find a case study from Shawbrook Bank below.

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