London Credit brings out Best 4 U promotion

The promotion from London Credit – which recently extended its bridging valuation promotion – will give brokers the choice to choose either refunded legal fees, refunded valuation fees or a lower rate.

The broker can select a 100 per cent refund on legal or valuation fees up to a maximum amount of £5,000 per loan, or a 10 per cent discount on the interest rate.

The offer is available for residential loans up to 70 per cent loan to value (LTV) and a maximum loan size of £2m where the legal undertaking is paid by 1 June 2024.

Brokers can benefit from the offer by submitting a loan application and choosing the preferred option, then communicating it to their business development manager (BDM).

The promotion will be applied upon approval of the loan.

Marios Theophanous, credit manager at London Credit, said: “This initiative aims to ease the financial burden on borrowers and provide brokers with flexibility to structure the most suitable solution for their clients.

“By being able to choose a promotion on either legal fees, valuation fees or rate, brokers are empowered to pick the most beneficial offer based on the specifics of the loan and the client’s circumstances.”