Market Financial Solutions has launched a brand new valuation refund provide and up to date its bridging vary.
The specialist lender, which focuses on giant and complicated loans, says its valuation refund is accessible on its residential and business bridging ranges, in addition to its Bridge Fusion product.
It applies to first cost loans as much as £4m when a choice in precept is signed, with charges being paid earlier than 31 October.
Completions should happen inside six months of charges being paid, at which level the valuation value will likely be refunded alongside the dedication payment. The provide covers one customary lender valuation per safety property.
The lender has additionally lower charges throughout its bridging merchandise and raised its most mortgage sizes.
Single residential loans at the moment are out there as much as £4m, up from £3m, and easy semi-commercial and business loans as much as £3m, up from £2m.
Market Financial Solutions chief govt Paresh Raja says: “The property market is exhibiting early indicators of momentum, however uncertainty stays with the Budget approaching and broader financial pressures affecting investor sentiment.
“In this atmosphere, debtors and brokers want merchandise which can be quick, versatile, and assist scale back upfront finance prices.
“Our new valuation refund provide, together with enhancements to our bridging vary, is designed to do exactly that.
“By eradicating obstacles at the beginning of a transaction, we purpose to offer purchasers the arrogance to behave when alternatives come up.”
