Mortgages PLC has extended its free valuations scheme until the end of 2007.
The free valuations scheme, which was first launched in the spring of 2005, applies to all products except buy-to-let.
The scheme continues to be available on all discounted and fixed rate products, except buy-to-let, on cases submitted on a direct basis only for purchase and remortgage in England, Wales, Scotland & Northern Ireland and for a standard mortgage valuation report.
All valuations must be instructed by Mortgages PLC and retypes, if transferring to other lenders, will be charged on the valuers full standard fee scale.
Julian Wells, head of marketing at Mortgages PLC, says: Our free valuations scheme has always been popular with intermediaries and introducers and were delighted to be extending the scheme for another 12 months.
This is a genuinely free deal which enables intermediaries to provide their clients with a real added value benefit.