"By offering to pay our client’s legal and survey fees, it means in partnering with us, our clients will incur absolutely no hidden or additional costs aside from our monthly interest rates."
Glenhawk offers short-term lending solutions for a diverse range of residential and commercial property professionals and recently secured a £75 million funding line from Shawbrook Bank
The company, which launched less than nine months ago, currently pays brokers up to a 2% commission fee and does not charge any admin fees, exit fees, early repayment or extension fees.
Glenhawk’s rates start at 0.69% per month, with typical loans ranging from £300,000 to £3,000,000.
Guy Harrington, CEO of Glenhawk, commented: “We have a completely client centric philosophy; through a combination of the team’s real estate and finance backgrounds, we understand transparency and honesty are absolutely key for any borrower.
“By offering to pay our client’s legal and survey fees, it means in partnering with us, our clients will incur absolutely no hidden or additional costs aside from our monthly interest rates.”
Harry Hill, Glenhawk's non-executive director and Rightmove founder, added: “What attracted me to Glenhawk was the ambition to do things differently and already I can see that, through its level of service and innovative fee structure, Glenhawk is setting a new standard for the industry.”
