London Credit has launched a promotion that lets brokers choose the offer that best suits their clients.
The bridging lender’s Best 4 U deals allows brokers to choose between refunded legal fees, refunded valuation fees, or a lower rate.
Under the promotion, a broker can choose a 100% refund on legal, or valuation fees, up to a maximum of £5,000 per loan, or a 10% discount on the interest rate.
The firm says the offer is available on residential loans up to 70% loan to value up to £2m, where the legal undertaking is paid by 1 June.
Brokers can take up the offer by submitting a loan application, choosing their preferred promotion and getting in touch with their business development manager about it.
The chosen promotion will then be applied when the loan is approved, the lender says.
London Credit credit manager Marios Theophanous says: “This initiative aims to ease the financial burden on borrowers and provide brokers with flexibility to structure the most suitable solution for their clients.”
