ONP Solicitors has partnered with Coventry Building Society to become the sole legal provider in England and Wales for the society’s new buy-to-let (BTL) limited company remortgage proposition.

The partnership marks the release of the Coventry’s first product specifically for limited company landlords.

The building society said it picked ONP, which is part of the Movera group, for its "proven track record, market credibility and outstanding reputation" within the intermediary community.

ONP’s service is being delivered by a team led by Chris Horwood and Sarah Lockwood. The team will draw on expertise from its legal, operational and in-house IT teams, as well as its partnership with Scottish law firm, McVey and Murricane.

Senior relationship manager of lending at Coventry Building Society, Shelley Rodway, said: "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."

Group chief operating officer at Movera, Craig Underwood, 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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