The Valuation Exchange developed by Xit2 streamlines the valuation instruction process, and can halve the time taken to instruct the valuation. This time saving is continued throughout the process and offers a tangible benefit to intermediaries who regularly receive pressure from clients on items affecting the speed of the mortgage offer, which are out of their control.
Paul Carmody, managing director at Mortgage Times, commented: "Xit2’s Valuation Exchange provides a single, efficient system which speeds up the entire valuation process. Additionally, as the progress of valuations is displayed on the system everyone is kept up-to-date and informed, which delivers a tangible benefit to our surveyors and intermediaries."
Paul Duckworth, CEO at Xit2, commented: "Mortgage Times is renowned for their customer focus and constantly look to further improve service standards and realise cost savings by using the latest technology. Simply logging on to the Valuation Exchange via the internet allows Mortgage Times to allocate valuations in a timely manner whilst returning significant cost savings. One of the most sophisticated time savers is that if a valuation is not accepted by the surveyor within a specified timescale then it is automatically reassigned."
