Once brokers register with Hometrack by applying to Kuflink’s sales team, they will then be able to instruct AVMs for any residential bridging deal up to £300,000 at 80% LTV or below.
The service is not available for ex council flats or maisonettes.If the AVM does not meet the criteria, brokers can opt for a drive-by or full valuation instead.
Ranjit Narwal, head of origination at Kuflink (pictured above), commented: “This exciting move emphasises the importance of the relationship between us and our brokers.
- Choosing the right bridging lender for larger loans
- Kuflink hires head of origination
- Kuflink implements valuation self-instruction for brokers
“In simplifying our process, we are placing greater responsibility into the hands of our introducers to manage their own cases.
“Since we announced the facility to self-instruct valuations in June, the response has been extremely positive.
“This demonstrates our commitment to improving the speed with which we can provide the finance that customers need.”
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