Glenhawk

Glenhawk launches no legal or survey fee promotion




Glenhawk has announced that for the next three months it will be paying legal and surveyor fees on behalf of its clients.

The recently launched bridging lender revealed earlier this month that it had secured a £75m funding line from Shawbrook Bank and a leading global asset manager to support its loan book growth.

Glenhawk currently pays brokers up to 2% commission and does not charge any admin, exit, early repayment or extension fees. 

“We have a completely client-centric philosophy; through a combination of the team’s real estate and finance backgrounds, we understand transparency and honesty are absolutely key for any borrower,” said Guy Harrington, CEO at Glenhawk (pictured above).

“By offering to pay our client’s legal and survey fees, it means in partnering with us, our clients will incur absolutely no hidden or additional costs aside from our monthly interest rates.”

The short-term property finance lender’s rates start at 0.69% per month, with typical loans ranging from £300,000 to £3m.

Harry Hill, non-executive director at Glenhawk, added: “What attracted me to Glenhawk was the ambition to do things differently and already I can see that – through their level of service and innovative fee structure – Glenhawk is setting a new standard for the industry.”

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