BM Solutions has made valuations on remortgages free at the same time as launching a new product range.
Valuations up to £1,500 will be covered on all remortgages, while it is understood the change is a permanent one and not just a promotion.
New products from the lender, for remortgage and house purchase, include 2-year fixes at 1.69% to 60% loan-to-value, 2.04% to 75% LTV and 5-year fixes at 2.24% to 60% LTV and 2.79% to 75% LTV.
Phil Rickards, head of BM Solutions, said: “As part of our ongoing commitment to the market and as we enter this new era, we have reintroduced free valuations to help drive down the up front cost of remortgaging for customers.
“It’s quite clear that the market has moved in favour of remortgages and through extending the choice available at competitive rates and covering the cost of valuations, brokers can continue to write good quality business and meet the needs of their customers.”