Lender offers to refund valuation fee on new residential, commercial, and semi-commercial bridging applications
Bridging lender London Credit has extended its promotion offering to refund 100% of the valuation fee on new bridging applications.
The offer includes residential, commercial, and semi-commercial bridging applications, with a cap set at £1 million for the loan amount. To qualify for the valuation refund, loans must be finalised by March 15.
London Credit specialises in bridging loans ranging from £100,000 to £3.5 million, catering to properties in London, the South East, and major cities. The lender provides loan-to-value options of up to 70%, accompanied by flexible terms ranging from three to 18 months. These loans serve various purposes, including property refurbishment, auction finance, and capital raising.
“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,” Marios Theophanous (pictured), credit manager at London Credit, said.
“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.”
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