VAS Panel completes £100m of Redwood Bank valuations

The business bank launched in August 2017 and offers secured SME mortgages for business owners as well as for experienced commercial and residential property investors.

VAS Panel is part of the VAS Group which incorporates VAS Software, a cloud-based valuation panel management framework system which allows lenders to better manage their own existing panels and VAS Audit, which provides live and retrospective auditing to reduce property specific lending risks.

Gary Wilkinson, CEO and co-founder of Redwood Bank, said: “We have thoroughly enjoyed working alongside VAS and appreciate the hard work that they do to support us here at Redwood. Their excellent panel valuation service allows property specific valuation matters and lending risks to be clearly identified, and at an early stage as possible, therefore greatly benefiting both ourselves and our customers.”

Gina May, co-founder and director of Operations of VAS Group, added: “We pride ourselves on the quality of our valuation panel and maintaining high reporting standards, which is realised through strict processes, due diligence and exacting compliance. This allows our lender partners to do what they do best, supply an exceptional primary customer experience.”