ONP partners with mutual on new product launch

A Stockport-based legal firm is expanding its role in the property sector with a new national lender partnership.

ONP Solicitors has been appointed by Coventry Building Society as the sole legal services provider in England and Wales for its new Fees Assisted Buy-to-Let Limited Company Remortgage product. 

The product marks the lender’s first remortgage offering tailored specifically for limited company landlords and is part of its strategy to grow its buy-to-let lending range.

ONP, which received strong broker feedback during a soft launch in March, is delivering the service via a specialist team led by Chris Horwood and Sarah Lockwood.

The onboarding process included integration with the Lender Exchange platform and close collaboration between ONP and Coventry, as well as support from Scottish law firm McVey and Murricane, to ensure a smooth customer and broker experience.

In addition to the new role, ONP, which is part of the Movera Group, has also been added to Coventry Building Society’s main Fees Assisted Remortgage Panel, expanding its support for the lender’s wider client base. 

Shelley Rodway, senior relationship manager – lending, at Coventry Building Society, said: “At Coventry Building Society we’re committed to delivering great outcomes for our broker partners and their clients, and that starts with choosing the right legal partner. 

“ONP’s reputation for service quality, their experience in the Limited Company BTL space, and their collaborative approach made them a natural fit for this proposition. 

“We’ve been impressed by how smoothly the onboarding has gone and by the positive feedback we’re already seeing from the broker community.”

Craig Underwood, group chief operating officer at Movera, added: “We are delighted to be working with Coventry Building Society on this important proposition. 

“Our service combines digital innovation with the personal expertise of our case managers, and the early response from brokers has been fantastic. 

“With our first completion achieved within just 18 days of offer – particularly impressive given the complexities of Limited Company BTL cases – this partnership is already delivering results.”

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