Pure will help to maintain fast turnaround times for both purchase, remortgage and secured loan transactions. Members of the Pure Law team will work from Link Lending’s newly opened offices at Leavesden Park, Watford, and will control all searches and title investigation regarding the property on which Link Lending’s bridging loans and secured loans are secured.
John Maclean, managing director of Link Lending Limited, commented: “Bridging loans are always in demand for borrowers who are “time poor” and need the advance very quickly. Conveyancing done by third parties can often take a long time, especially where commercial property is involved. Now, our new in-house conveyancing service provided by Pure Law, combined with our title insurance product, means that we can offer a market-leading timescale of typically five to seven days from bridging loan application to the advance of funds.”
