London Credit expands bridging promotion

London Credit has extended its promotion to refund 100% of the valuation fee on new bridging applications.

The promotion is available on all residential, commercial and semi-commercial bridging applications up to a maximum loan size of £1 million. In order to qualify for the valuation refund, loans will need to complete by 15th March.

London Credit offers bridging loans from £100,000 to £3.5 million for residential, commercial, and semi-commercial properties in London, the South East, and major cities.

LTV options are available up to 70%, with flexible terms spanning from 3 to 18 months. Loans can be used for a variety of purposes, including property refurbishment, auction finance and capital raising.

Marios Theophanous, credit manager at London Credit, said: “We’re excited that we are able to extend our promotion to refund valuation fees on residential, commercial and semi-commercial bridging loan applications that we receive by mid March.

“The year ahead presents new opportunities for property investors and, at London Credit, we recognise the importance of cost efficiency in helping investors to seize those opportunities. Our promotion aims to assist borrowers in achieving this goal while upholding our dedication to providing exceptional service and tailor-made deals.”