Glenhawk has unveiled a free valuation offering in its strive to reduce the cost of, and simplify the borrowing process.

The challenger lender has reported high demand for its short-term lending products since the outbreak of the COVID-19 pandemic.

In September, it generated £159m of new loan enquires, which was its second best mont in 2020 following a record £178m in August.

This news follows the senior funding line with J.P.Morgan in March to support Glenhawk’s entry into the UK mortgage market.

Guy Harrington (pictured), founder and chief executive at Glenhawk, said: “Our commitment to being an ethical lender has been the bedrock of our approach since we set out to disrupt the short-term lending market in 2018, and has been key to differentiating ourselves within the market, allowing us to maintain our loan book growth and generate consistent levels of new borrower enquiries, despite the unprecedented economic backdrop.”

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