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Glenhawk launches free client valuations 

Specialist property lender Glenhawk has launched free valuations.

Glenhawk has enjoyed a strong start to 2019, originating a record £200m of enquiries. The strategy for the remainder of H1 includes achieving FCA regulation, which will allow it to diversify its product range, whilst also attracting new funding sources as it targets over £100m of lending.

Harry Hill, non-executive director at Glenhawk, said: “Since its inception, Glenhawk has tirelessly maintained a client-centric philosophy, an approach that has been the bedrock of the team’s fantastic achievements to date.

“This latest initiative is part of Glenhawk’s commitment to providing single and transparent fee and pricing structures as it continues to set a new standard for the industry.”

Glenhawk has enjoyed a strong start to 2019, originating a record £200m of enquiries. The strategy for the remainder of H1 includes achieving FCA regulation, which will allow it to diversify its product range, whilst also attracting new funding sources as it targets over £100m of lending.

The 20-strong team has also moved offices in Mayfair to one almost double the size of the previous office with space for up to 40 staff.

Guy Harrington, chief executive of Glenhawk, added: “Despite broader macro uncertainty caused by the ongoing inability of our political leaders to put the interests of the country ahead of their own personal and party agendas, we continue to see demand from a broad range of property professionals for swift, bespoke funding solutions.

“Our core focus remains residential property in London and the South East, a market that our team is deeply embedded in with a track record of transacting over £500m.”

To date, Glenhawk has lent more than £50m, totalling 80 loans, 67% of which were or are secured against residential assets and 22% mixed and commercial assets. Geographically, 55% of the loan book has been or is exposed to greater London.

The free valuations offer follows last September’s offer to pay for clients’ legal and surveyor fees.

 

 

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