VAS is a valuation panel management and valuation auditing business. Established 10 years ago, it now facilitates more than 2,000 valuations a month for lenders and brokers via more than 200 third-party valuers through its VAS Panel division. It also provides valuation audits, desktop valuations and loan book monitoring through VAS Assurance.
Steven Todd, co-founder and chief commercial officer of VAS, will represent the platform at IMLA events.
Kate Davies, executive director of IMLA, commented:
“We are delighted to welcome VAS as the latest associate member of IMLA. At present, VAS is the only valuation firm to join our ranks and we anticipate our discussions will benefit from the addition of a specialist from this sector, which is such an integral part of the mortgage industry.”
Steven Todd added:
“We are excited to be joining IMLA as an associate member. It is important to us to understand the opportunities, challenges and changes facing mortgage lenders, and better appreciate the wider context in which we operate. Membership of IMLA will be invaluable in advancing that understanding. We hope to contribute meaningfully to IMLA’s debates and events, to foster greater understanding of the valuation industry and work together with lender members to deliver more efficient solutions for borrowers.”
For further information please contact:
Paula John, Paula John Communications
Tel: +44 (0)7973 435 299
Email: paula.john@imla.org.uk
Notes to Editors
About IMLA
The Intermediary Mortgage Lenders Association (IMLA) is the trade association that represents
mortgage lenders who lend to UK consumers and businesses via the broker channel, and associate
providers. Its growing membership includes banks, building societies and specialist lenders which
collectively account for over 90% of mortgage lending (91.6% of balances and 92.8% of gross
lending).
About VAS
VAS Panel is a valuation panel management and project monitoring business, facilitating valuations for lenders and brokers which are undertaken by a panel of 200+ third-party valuation firms across the UK. Including national, regional and locally established valuation firms, our bespoke technology ensures the most relevant are instructed based on location, value and asset type.
VAS Assurance delivers a range of services including live and retrospective Valuation Auditing, Valuation Desktop+, Project Monitoring Audits and Loan Book Monitoring. All of which deliver an extra layer of confidence on which to make lending decisions and you have complete peace of mind by making sure your valuations are accurate and up to date.