The independent asset manager and LPA receiver will be using xit2’s Valuation Exchange to manage the instructions process on their repossessed and vacant properties.
Peter Gammon, asset management director at MWU said: “We chose to manage our valuations through xit2’s valuation exchange because it will provide better, more transparent, management information without compromising our internal controls, helping us to manage our client service levels more effectively.
“We will obtain MI and performance reports swiftly, with all data exchanged between parties meeting our high standards of security. Furthermore, using the valuation exchange will mitigate our risk by managing our existing panel of surveyors online. It will also allow us to track and audit all the work undertaken on our behalf and bring improved third-party oversight to the repossession processes.”
