KSEYE introduces automated valuations to bridging range
The new feature is available on loans up to £750,000 and to a maximum 60% LTV.
Bridging lender KSEYE has announced the introduction of automated valuations to improve speed, efficiency, and flexibility for brokers and borrowers.
The new feature is available on loans up to £750,000 and to a maximum 60% LTV.
KSEYE confirmed that the rollout will be phased and not available to all cases immediately.
Earlier this month, KSEYE announced two new additions to its lending proposition - the introduction of title insurance across its offering and the launch of a refurbishment drawdown product designed for residential, mixed-use, and commercial projects.
Marcus Dussard (pictured), sales director at KSEYE, commented: “We’ve listened closely to our broker partners, and this update is a direct result of those conversations. Automated valuations won’t be the right fit for every deal, but for the right cases, they can significantly reduce turnaround times and improve certainty.
"It’s part of our broader strategy to offer brokers more choice and efficiency without compromising on quality.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Budget
Budget: Government introduces mansion tax on high-value homes
Budget
Budget: Government introduces £2,000 salary sacrifice cap
Lifetime Isa
Budget: Lifetime ISA to be scrapped in favour of new first-time buyer ISA
Budget
Budget: Property income tax to rise by 2%
FCA
Firms required to report complaints involving vulnerable customers under simplified FCA rules
Santander
Santander joins mortgage price war with new rates from 3.51%