Keystone announces new partnership to streamline valuation process
Keystone says the partnership will particularly benefit HMO, MUFB and semi commercial valuations.
Keystone Property Finance has announced a new partnership with valuation panel management firm Method that will streamline the valuation process for its brokers and their landlord clients on all valuations, including more complex ones such as HMOs and MUFBs.
It means Keystone becomes the first lender in the market to integrate Method xi, the firm’s API-driven technology platform, into its system. An API (application programming interface) acts as a secure digital bridge that allows two different computer systems to talk to each other directly.
Previously, the process by which Keystone instructed a valuer was a manual, multi-step task. However, the integration of Method’s API into Keystone’s system means that the process will now be automated.
Once instructed, Method automatically scans the market to ensure that the most suitable valuer is selected for every case, based on the location, cost and service level agreements.
Keystone operates and maintains its own bespoke system, affording it the flexibility to introduce new features or integrate advanced tools like Method xi.
Over the past 12 months, Keystone has invested heavily in its technology stack. This includes the implementation of an AI-powered document labelling system designed to reduce the administrative workload for brokers. Additionally, it also partnered with LMS's Panel Link service to expand its panel solicitors for limited company and personal name applications.
David Whittaker, chief executive at Keystone Property Finance, said: “Our goal is to remove the friction points that have traditionally made the mortgage journey feel slow and fragmented. By being the first lender to go live with Method’s API integration, we have fundamentally streamlined our complex valuation workflow, replacing time-consuming admin with a smart, automated solution. This will particularly benefit HMO, MUFB and semi commercial valuations.
“At Keystone, we don’t introduce technology for technology’s sake. We only invest in features that make a tangible difference to brokers’ lives. And our new partnership with Method is a perfect example of that.”
Stephen Henman, managing director at Method, said: “We’re delighted to see Keystone utilising our direct integration ability that enhances speed and efficiency across the full valuation process for the benefit of brokers, borrowers and internal teams.”
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