The lender will pay borrowers’ valuation fees up to £2,500 (inclusive of VAT) for all new unregulated bridging applications up to £3m in value — the offer applies for applications received between 26th June and 31st August 2023.
This is Glenhawk’s second free valuation offer introduced this year, launched in response to market feedback.
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It follows the finance provider’s record month of lending in May, when Glenhawk completed £54m of loans — representing a 47% increase on the previous record month — and saw a 34% increase in loan enquiries.
Nick Hilton, MD at Glenhawk (pictured above), said: “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 amid the ongoing volatility.”
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