Redwood Bank launches valuation fee cashback offer

Published on

The new valuation cashback offer gives landlords 100% of their valuation fee back on completion of their residential investment mortgage.

The offer is available for buy-to-let, Houses of Multiple Occupation (HMO) and Multi Unit Freehold Block (MUFB) properties, as well as semi-commercial properties (where over 50% and up to 80% of rental income is derived from buy-to-let or small HMOs/MUFBs).

Stuart Davidson, chief commercial officer at Redwood, said: “Landlords have faced a tough 2026, with economic pressures, uncertainty and rising operational costs.

“At the same time, many are adapting to further change in the market, including the implementation of the Renters’ Rights Act.

“We held firm on our interest rates earlier this year during a period of geopolitical uncertainty, and this cashback offer builds on that support by easing another area of cost pressure.

“As a specialist business lender, we understand that brokers and customers need flexibility across a wide range of property types. That’s why this offer includes standard buy-to-let cases and also HMO and MUFB transactions.”

The offer applies to valuation fees paid on or after July 1, 2026 and to qualify for the cashback, the valuation fee must be paid within 31 calendar days of the Decision in Principle (DIP) being issued.

The valuation cashback can also be combined with the Bank’s Green Reward Cashback, which offers up to 0.50% cashback on eligible EPC-rated properties from A to C.

 

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Westmarq challenges surveying ‘duopoly’ as it targets lender business

Westmarq has challenged mortgage lenders to move more of their valuation business away from...

Advice firms step up technology use as integration remains key obstacle

Financial advice firms are taking a more proactive approach to technology, but integrating new...

Check launches mortgage readiness tool for prospective borrowers

Check.co.uk has added a mortgage readiness feature to its app, bringing together credit, affordability,...

Yorkshire BS team raises £1,000 with 198km treadmill challenge

Seven Yorkshire Building Society colleagues have completed a 198km treadmill ultramarathon to raise money...

Square 1 Media joins Momenti Group’s Observatory as corporate partner

Square 1 Media has become a corporate partner of The Observatory, the mortgage market...

Latest publication

Other news

Westmarq challenges surveying ‘duopoly’ as it targets lender business

Westmarq has challenged mortgage lenders to move more of their valuation business away from...

Why advisers can be part of the conveyancing team

There is a tendency to think the mortgage adviser’s involvement in conveyancing begins with...

Advice firms step up technology use as integration remains key obstacle

Financial advice firms are taking a more proactive approach to technology, but integrating new...