Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Solutions. Read the original article for full details.

Redwood Bank Launches Valuation Fee Cashback for Landlords

Redwood Bank has introduced a valuation fee cashback offer aimed at supporting professional landlords and property investors with their costs. The offer provides borrowers with 100% cashback on the valuation fee upon completion of a residential investment mortgage.

The cashback proposition is available for buy-to-let (BTL), houses in multiple occupation (HMO), and multi-unit freehold block (MUFB) properties. It also applies to semi-commercial properties where between 50% and 80% of the rental income is derived from BTL or small HMOs and MUFBs.

To qualify for the cashback, the valuation fee must be paid within 31 calendar days of the decision in principle (DIP) being issued. The offer is valid for valuation fees paid on or after 1 July 2026.

Redwood Bank’s valuation fee cashback can be combined with its green reward cashback, which offers up to 0.5% cashback on eligible properties with energy performance certificate (EPC) ratings between A and C. Residential variable rates start from 2.89% plus base rate, and fixed rates start from 4.84%.

The product is available to both individual borrowers and corporate entities, with loan sizes ranging from £250,000 to £10 million.

This offer may be of interest to UK letting agents and inventory clerks working with landlords and property investors seeking to manage acquisition costs across a range of property types.