Edeus slashes AVM charges

Edeus has brought its charging structure for Automated Valuation Models in line with those of standard valuations.

The lender has made this move as it says there will be times when a broker or his client will require a standard valuation, at other times the need for speed will dictate the need for an AVM.

Alan Cleary, managing director at edeus, says: Technology is the future and as market innovators we are keen to bring our brokers the choice they deserve.

There is no doubt that AVMs speed up the process and there will be times when it is imperative for a broker to help their client access funds as soon as possible. Our offering is all about choice, and helping brokers operate as efficiently as possible.