The refund will be available on cases received by CLMS before 30 June, up to a property value of £250,000. A reduced valuation fee of £199 is payable on properties valued between £250,000 and £500,000. Refunds are paid on completion.
CMLS director, Tony Salentino, said: “Our remote processing arrangement with GMAC-RFC means that we have an on-site GMAC-RFC Remote Lending Associate, with offers and completions done in-house. Our time-limited special offer on valuations is designed to bring CMLS’s fast track GMAC-RFC capability to the notice of mortgage brokers, and also to give them a cash benefit that they can pass on to their clients. We believe that our special offer on valuations will allow brokers submitting GMAC-RFC cases to us to give a real added-value service to their customers.”
