Features of the tool include address validation and integration to Google maps which allows identification of the property and its surroundings.
Countrywide Surveying Services (CSS) has launched its latest remote valuation tool, PropertyFact, an online offering allowing valuers to complete a desktop-based assessment on a property.
Features include address validation and integration to Google maps, which allows identification of the property and its surroundings.
As well as this, instructions are screened against risk perils such as flooding and ground stability, along with providing additional location information, property attribute details and energy ratings.
Ability to triage any instruction against set location or lender specific rules based on loan-to-value (LTV), property age, style and type, is also available.
The PropertyFact tool provides lender guidance directly to the surveyor as they complete each section of the remote valuation assessment.
Matthew Cumber, managing director of Countrywide Surveying Services, said: “This launch marks the next stage in how we can assess property remotely and, as an industry, it’s vital that we continue innovating and evolving even during the busiest of times.
"PropertyFact was in the development stage long before any lockdown restrictions were in place and the past 12 months have only emphasised just how vital technology is within the whole homebuying and mortgage journey.
“The aim is to provide our people with the ability to collate more property-related information remotely and enable them to make more informed decisions.
"The interpretation and sharing of this valuable information means we are now working even closer with our lending partners and this joined-up approach helps combat risk, improve efficiency and continues pushing the surveying and valuation boundaries in a modern age.”
