The offering is designed to help lenders continue to provide funding during the Covid-19 crisis and beyond.
The service, which supports buy-to-let markets among other mortgage funding, aims to significantly improve the desktop survey and enable lenders to make an informed judgement against the risk involved.
The three types of enhanced valuation on offer include remote, virtual and external, and incorporate photographs, real time video footage and property reviews.
- Masthaven launches new broker portal offering instant DIPs for bridging
- SimplyBiz Group rebrands surveying arm
- Post-coronavirus market will open doors for fintech innovation, with virtual broker training able to reach 'wider audiences'
Peter Hughes, chief executive at Gateway, said: “At a time when we must all ensure the safety of our staff, house sellers and purchasers, we are delighted to be the first to bring a zero-contact proposition of this scope to market.
“Inevitably, the property sector is facing significant challenges and by taking these steps, we believe we can support the continuing movement of the market.
“Through harnessing the significant power of technology, this then represents a significant step in the evolution of valuations within our industry,” he added.
Leave a comment