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Pepper Money allows brokers to manage valuations

by Kevin Rose
7 December 2020
Hope Capital completes its first AVM deal
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Pepper Money has given brokers to opportunity to instruct their own valuations, in a move the lender says will provider advisers with greater control over the progress of their applications.

This means that brokers can instruct valuations at any time in the process once their customer’s application has been assessed. So, if a broker is confident their customer’s documents will be verified, they can get a head-start by instructing the valuation sooner.

Once Pepper Money has assessed all of the decision-making documents, it will automatically instruct a valuation, but brokers can choose to instruct the valuation earlier to speed the progress of the case.

Paul Adams, sales director at Pepper Money, said: “Why let your customer wait for a valuation when you are confident a case is going to proceed? We give brokers more control over the progress of their applications by instructing their own valuations as soon as the application has been reviewed, which means they no longer have to wait for all of the documents to be reviewed to get the ball rolling on the valuation.

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“This is an important tool for brokers as it means they can give their customers an advantage in a competitive market where time is of the essence. We continue to support brokers with a speed of service that means we are still within 24 hours at every stage of our process, so they can be confident they won’t get held up in delays.

“When it comes to meeting the deadlines and demands of customers in this competitive property market, your application is better with Pepper.”

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