New Street Mortgages appoints valuation panel manager

Gateway manages a nationwide network of affiliated firms of Chartered Surveyors, alongside its own “in-house” surveying business, Sonas Surveyors.

New Street Mortgages is expected to launch early this year. Kensington Group recently rebranded to become The Northview Group, which comprises of Kensington Mortgages, Acenden, and New Street.

David Finlay, distribution director for New Street said:

“Following a robust review of our valuation requirements, we are delighted to have selected Gateway as our new panel manager. The careful management of our valuation process is a crucial and an integral part of our mortgage lending business, and we were particularly impressed with Gateway’s attention to detail and its commitment to risk management. The senior management team at Gateway is highly experienced and well respected within the industry for its focus on quality and service delivery.”

Pete Hughes, managing director at Gateway, commented:

“We are thrilled to have been chosen by New Street to provide its valuation and panel management services. As a director-led business we are committed to providing an exceptional level of service as well as a “can do” approach to our clients’ requirements. This appointment follows a sustained and impressive growth phase of the business over the past twelve months and reflects the progress we have made in becoming a major provider of panel management and valuation services to the UK lending industry.”