All requests for DIPs submitted through its online mortgage sourcing system www.adv-elect.co.uk will have access to the free instant property valuations, subject to certain terms and conditions. This enhancement will be available for purchase and re-mortgage cases up to 90% loan-to-value (LTV) for qualifying cases.
Keith Dearling, managing director, Advantage, said: “The integration of the AVM will help cut down on superfluous paperwork and result in added value for intermediaries. It is all about giving them an additional tool to save time and money. This latest IT upgrade is further evidence of our commitment to invest in our infrastructure and make sure we are a leader in the mortgage sector.”
