The move hopes to provide the online system for their panel manger 'SecureMove Panel Management Services' to manage their external valuations and help speed up the mortgage process.
The Valuation Exchange developed by xit2 streamlines the valuation instruction process, which can halve the time taken to instruct the valuation. They aim to maintain this time saving throughout the process and help intermediaries to mitigate the pressure from clients on items affecting the speed of the mortgage offer, such as the valuation, which are often out of their control.
Mike Williams, sales and marketing manager at Leek United, commented: “By instructing valuations to SecureMove Panel Management Services through xit2’s Valuation Exchange, we have a single, efficient system that speeds up the process. This will deliver real benefits to both intermediaries and surveyors. We selected xit2 technology because it provides robust and reliable technology for our customers.”
Paul Duckworth, group CEO at xit2, said: “Leek United is renowned for high quality products and exceptional customer service. This passion for customer means that they are always seeking to introduce efficiencies in the process for the benefit of customers. By simply logging on to the Valuation Exchange via the Internet allows Leek United to allocate valuations in a timely and cost-free fashion.
"One of the most sophisticated time savers is that if a valuation is not accepted by the surveyor within a specified timescale then it is automatically reassigned. The progress of the valuations are shown on the system so that everyone is kept up-to-date and informed.”
