Glenhawk launches free valuation promotion
Glenhawk will pay all valuation fees, saving borrowers up to £2,500.
"With costs escalating, it helps to reduce any upfront costs enabling activity across the residential market to continue."
Glenhawk has announced the launch of its latest free valuation promotion.
Glenhawk will pay borrower valuation fees up to £2,500 (inclusive of VAT) on all new unregulated bridging applications up to £3 million in value, on applications received between 26th June and 31st August 2023.
Launched directly in response to market feedback, this is Glenhawk’s second free valuation promotion in 2023, as property investors, developers and homeowners face increased financing considerations for property acquisitions and refurbishment projects.
Nick Hilton, managing director at Glenhawk, commented: “Brokers are operating in an incredibly challenging climate. We are confident that this initiative will support our client base, as more developers, investors and homeowners turn to alternative lenders to complete transactions amidst the ongoing volatility.
"With costs escalating, it helps to reduce any upfront costs enabling activity across the residential market to continue.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
FCA
FCA bans and fines financial adviser more than £740,000
In The Spotlight
'Turbulence in the mainstream market creates opportunities in the specialist space': Josh Knight, Glenhawk
Housing Market
Almost half of home sellers hit by broken property chains
Regulation
FCA bans and fines trio behind £35.5m investment scheme
This week's biggest stories:
FCA
FCA bans and fines financial adviser more than £740,000
In The Spotlight
'Turbulence in the mainstream market creates opportunities in the specialist space': Josh Knight, Glenhawk
Housing Market
Almost half of home sellers hit by broken property chains
Regulation
FCA bans and fines trio behind £35.5m investment scheme
CHL Mortgages
CHL enhances bridging range with AVMs and enhanced adverse credit criteria
Housing Market
July housing transactions dip 2% amid 'cautious market': HMRC