UCB Home Loans extends free valuation limited offer

As a result of positive feedback from intermediaries, UCB Home Loans announced today that it is extending its free valuation offer, available on its core range of mortgage products, for a further two weeks.

The offer, which enables customers to save between £230 and £730 in upfront valuation fees was to have been withdrawn at the end of this month, but will now run until 15 December due to its popularity.

The free standard valuation is available across UCBHL’s entire core range of self-cert and buy-to-let products, for both purchase and remortgage applications (except on ERC free products).

Unlike other lenders who have offered free valuations, there is no cap on the offer. Similarly, the valuation fee has been completely removed, rather than offered as a refund, which means that customers do not have to pay up front and then claim back at a later date.

Keith Astill, managing director at UCB Home Loans said: “This offer has been extremely popular with customers and the feedback we have received from intermediaries has prompted us to extend the offer for a further two weeks”.