Hope Capital

Hope Capital completes £100m of valuations with VAS Panel

Hope Capital has announced that it has completed £100m worth of valuations with VAS Panel in the past 12 months.

The bridging lender has utilised the service to ensure that the most relevant third-party valuers are instructed to provide loan security valuations based on location, deal type and value.

It has also utilised VAS Audit, which provides independent auditing of other third-party valuations.

This has enabled the lender to make an informed decision on whether to rely on existing reports.

Laura Carr, head of underwriting at Hope Capital (pictured above, right), said: “To deliver true speed and efficiency in the bridging sector requires partners who are quick to deliver accurate and reliable information, and VAS Panel gives us immediate nationwide access to valuers who we know we can trust to minimise property-specific lending risks.

“It is essential for Hope Capital to provide a quick and efficient service for our broker partners and clients, and by working collaboratively with VAS ensures that we can deliver funding on time, even when deadlines are tight.”

Stephen Todd, co-founder and managing director at VAS Group (pictured above, left), added: “We pride ourselves on the quality of our valuation panel and maintaining high reporting standards, which is crucial in the short-term lending market.

“This allows our lender partners to do what they do best: supply an exceptional primary service.”

Also pictured (l-r): Gina May, co-founder and director of operations at VAS Group, Gemma Bancroft, case manager at Hope Capital

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