Free valuation offered by UCBHL

25 July 2006
UCB Home Loans (UCBHL), the specialist lender on behalf of Nationwide Building Society, has announced a re-launch of its core mortgage range with an offer of a free valuation on buy-to-let and self-certification products.

Upfront fees for such a service can range from £230 to £730, according to the company, so the offer makes it an attractive proposition.

In addition to the free valuation, UCBHL has changed its Early Repayment Charge (EHC) calculation system to bring it more into line with the rest of the market, therefore enabling advisers and customers to compare deals directly with its competitors more easily.

"Free valuations are always popular with customers and offering this incentive on both purchase and remortgage business is a unique proposition in the market at the moment," said Keith Astill, managing director of UCBHL.

"UCBHL's prime objective is to offer a combination of exceptional service and competitive pricing that brokers can easily compare with those of our main competitors," he continued.

Mr Astill also claimed that UCBHL's rates were lower than the majority of its competitors anyway and that the additional special deal on valuations made the company's mortgages "extremely attractive".

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