Glenhawk has announced that it will be paying all clients’ legal and surveyor fees for the next three months.
The short-term property finance lender which launched in January this year offers loans that typically range from £300,000 to £3m starting from 0.69 per cent. It pays brokers a commission fee of up to 2 per cent.
Glenhawk chief executive Guy Harrington says: “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.
“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 firm’s non-executive director Harry Hill, who founded Rightmove, adds: “What attracted me to Glenhawk was the ambition to do things differently and already I can see that, through its level of service and innovative fee structure, Glenhawk is setting a new standard for the industry.”