Active from Monday 10 December, the valuations will be refunded upon completion until 29 February 2008.
The firm has also reduced the interest rate on its Equity Release Roll Up Plan to 6.25 per cent (AER).
Paul Cowman, head of equity release and protection, explained: "Just Retirement is continually looking for ways to further develop the transparent, fair and competitive approach it applies to all its business and this latest series of offers and product improvements spells out this message loud and clear.
"We are committed to ensuring that each customer is treated fairly every step of the way and recognise the importance of ensuring that our products always offer good value. Moreover, flexible drawdown products meet clients’ need to take money as and when they need it, giving them flexibility and control over their finances.”