London Credit has extended its promotion to refund 100% of the valuation fee on new bridging applications. 

The bridging firm says the promotion is available on all residential, commercial and semi-commercial bridging applications up to a maximum loan size of £1m.  

Loans need to be completed by 15 March to qualify for the refund. The offer was due to close at the end of January. 

The lender offers bridging loans that range from £100,000 to £3.5m for residential, commercial, and semi-commercial properties in London, the South East, and major cities.

Loan-to-value options are available up to 70%, with flexible terms spanning from three to 18 months.  

Loans can be used for a variety of purposes, including property refurbishment, auction finance and capital raising. 

London Credit credit manager Marios Theophanous says: “The year ahead presents new opportunities for property investors and, at London Credit, we recognise the importance of cost efficiency in helping investors to seize those opportunities.”