Monmouthshire Building Society has appointed e.surv chartered surveyors as panel manager, following a detailed evaluation process.
The appointment reflects the Society’s growing requirement for valuation services as it expands across the UK. ‘We are pleased to have met the rigorous requirements of this process and with the Society’s innovative and flexible approach, we saw an immediate cultural fit’ commented Richard Sexton, business development director of e-surv.
The ongoing strength of the Society’s position as a competitive, vibrant and approachable provider of mortgage loans has lead to the diversification and expansion of its geographical lending book. The substantial geographical coverage offered by e.surv’s services will therefore ensure a better and more consistent fit with the Society’s business model going forward.
The arrangement will see the best of the Society’s current arrangements being incorporated into a new enhanced Panel Management service, with a particular emphasis on report quality and technical support.
e.surv will help the Society develop more robust auditing practices and increase mitigation against financial risks and fraud, by providing superior competency relating to technical issues within the industry, as well as comprehensive management information.
Mair Stewart, Underwriting Manager at Monmouthshire Building Society said:
‘As the Society continues to grow, we look forward to integrating e.surv’s market insights into our rigorous lending processes, and working in partnership to build and deliver a truly market leading proposition to both internal and external stakeholders.’