Brokers

Choose Refunded Fees or Lower Rate

London Credit has introduced a groundbreaking ‘Best 4 U’ promotion, designed to significantly alleviate the financial strain on borrowers while offering brokers unprecedented flexibility in tailoring loan solutions. This innovative offer allows brokers to opt for a 100% refund on legal or valuation fees up to £5,000 per loan, or to select a 10% discount on the interest rate. Targeted at residential loans up to 70% loan to value (LTV) with a cap of £2m, the promotion is set to redefine loan structuring by putting the power of choice in the hands of brokers.

Empowering Brokers with Options

The ‘Best 4 U’ promotion is available until 1st June 2024, giving brokers ample time to leverage this opportunity for their clients. Brokers can access this offer by simply submitting a loan application and specifying their preferred option to their business development manager (BDM). This approach not only facilitates a more tailored loan structuring process but also ensures that the chosen promotion is applied seamlessly upon loan approval. London Credit’s initiative is a testament to their commitment to providing flexible financial solutions that cater to diverse borrower needs.

Strategic Benefits for Borrowers and Brokers

Marios Theophanous, credit manager at London Credit, emphasized that the ‘Best 4 U’ promotion is aimed at easing the financial burden on borrowers and granting brokers the flexibility to structure the most suitable solution for their clients. By offering a choice between refunded legal fees, refunded valuation fees, or a lower rate, brokers are empowered to select the most advantageous offer based on the specifics of the loan and the client’s circumstances. This strategic approach not only benefits borrowers by reducing upfront costs or long-term interest payments but also enhances brokers’ ability to deliver customized financial solutions.

A Step Towards Financial Flexibility

The ‘Best 4 U’ promotion by London Credit represents a significant shift towards more adaptable and client-focused financial services. By allowing brokers to choose between different cost-saving options, London Credit is setting a new standard in the lending industry. This promotion is expected to encourage more brokers to consider London Credit for their clients’ lending needs, given the tangible financial benefits and the flexibility it offers. As we approach the June 2024 deadline, it will be interesting to observe how this innovative promotion impacts the lending landscape and borrower satisfaction.

The introduction of the ‘Best 4 U’ promotion by London Credit marks a pivotal moment in lending, emphasizing the importance of flexibility and tailored financial solutions in today’s market. As borrowers and brokers navigate the complexities of securing residential loans, offers like these not only provide immediate financial relief but also foster a more dynamic and responsive lending environment. Moving forward, it will be crucial for lenders to continue innovating and adapting to the evolving needs of their clients, ensuring that financial solutions are as accessible and beneficial as possible.

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