Aspen launches free valuation and legals offer

Aspen has launched a spring offer of free valuations and legals on all newly applied bridge and bridge-to-let deals completed on or before May 22nd.

The offer covers both single and dual representation legal services as well as associated valuation commitment costs across refurbishment, residential, semi-commercial and commercial applications using the internal no valuation process.

All legal and valuation fees that are claimed by May 31st will be covered up to £3,000 per deal.

Aspen’s no valuation enables urgent transactions to be completed in under 10 days. Available up to 80% LTV and £3m net, stepped rates start from 0.35% per month and flat rates from 0.79% per month.

The product is aimed at developers and investors both in the UK and overseas for projects and capital raising on properties in England and Wales.

Aspen’s standard bridging products are available for net loans between £200,000 and £15m.

Jack Coombs, chief operating officer at S&U, parent company of Aspen, said: “No Valuation remains one of our most popular products, and our spring offer is designed to take it up another level in terms of popularity by drastically reducing fees.

“As ever we will approach each deal with our one-person-per case philosophy and our commitment to provide service excellence.”