The deal will enable brokers to have control of their cases
Specialist mortgage lender InterBay has partnered with valuation panel management provider VAS Panel to help speed up the process for its commercial and semi-commercial product applications.
According to Interbay, working with VAS Panel will enable brokers to have control of their cases and to have faster transaction times, allowing the lender to focus on progressing cases to completion promptly.
VAS Panel will keep brokers updated on the progress of their valuation instructions and provide them with the valuation report to allow time to address any outstanding concerns quickly. This will also enable InterBay, which is part of the OSB Group, to leverage their broader valuation panel to provide greater choice for brokers.
The OSB Group real estate team will work closely with VAS Panel to ensure continued report quality, as well as adherence to service level agreements and processes.
“Following feedback from brokers, we’re delighted to team up with VAS Panel which will help streamline the valuation part of our process,” Emily Hollands (pictured), head of specialist finance at InterBay, stated. “This partnership allows brokers to instruct their own valuations and access live updates on their case, which we know will be a timesaver and provides intermediaries with increased autonomy for their cases.”
Stephen Todd, chief commercial officer and co-founder of VAS Panel, said they were thrilled to be joining up with InterBay to assist them and their intermediary partners with their valuations process.
“Our service is designed to make the valuation process as quick, easy, and seamless as possible with our exceptional team and market leading software combining to deliver valuation reports that are right first-time across commercial or semi-commercial cases,” Todd added.
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