The move follows Borro’s entry into the property finance sector less than two months ago.
Claire Barrington-Jones, SVP of Group Sales at Borro, said: “Clients considering a new property investment seek certainty.
“Paying for a valuation upfront, without a guaranteed outcome, is painful. A free valuation avoids this dilemma, and is an approach that has been fundamental to our success over the last five years with loans secured by luxury assets.
“Our service levels remain high and unchanged – we commit to bring surveyors on-site within 48 hours after signing Heads of Terms.”
Borro’s property loans complement its existing service offering. Since 2011, the business has funded thousands of deals secured with luxury assets worth over £150m.
Barrington-Jones added: “Recent transactions include a £40k loan secured with a Porsche 911 and a £1m deal on a wine collection. Unlike the majority of lenders in today’s market, we can cross collateralise an entire portfolio of assets to enable a transaction.
Borro’s offer is valid for all applications where the client signs Heads of Terms before December 31.
