SDKA has launched of automated valuation fashions (AVMs) for first-charge residential buy transactions to speed up its time-to-cash.
The service has been launched utilising Hometrack.
The lender will ask each consumer to do a video stroll round of the properties with one of their skilled underwriters.
SDKA managing director Kunal Mehta says: “We had been solely going to launch an AVM providing once we discovered the best accomplice, and with their intensive experience and confirmed track-record, Hometrack ticks all of the containers.”
“Coupled with the chance to walkaround their chosen property by way of a video tour with one of our highly-experienced underwriters, we will make sure the borrower is in one of the best place to determine whether or not to proceed with the bridge.”
“And most significantly it once more reveals that we’re all the time taking a look at our techniques and strategies to minimise time-to-cash, as a result of the essence of bridging is velocity. Yes we’ll have a look at each case on a person foundation, however that is by no means going to be on the expense of the discharge of funds.”
