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 certainly one of their skilled underwriters.
SDKA managing director Kunal Mehta says: “We have been solely going to launch an AVM providing once we discovered the fitting associate, and with their in depth experience and confirmed track-record, Hometrack ticks all of the bins.”
“Coupled with the chance to walkaround their chosen property by way of a video tour with certainly one of our highly-experienced underwriters, we will make sure the borrower is in one of the best place to resolve whether or not to proceed with the bridge.”
“And most significantly it once more exhibits that we’re all the time our methods and strategies to minimise time-to-cash, as a result of the essence of bridging is velocity. Sure 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.”
