Zurich has appointed Connells as its panel manager for all of its survey and valuation instructions as part of its major drive to support its industry proposition for mortgage brokers, financial advisers and estate agents.
Zurich's aim is to provide significant added value to independent estate agents with surveying practices. This will allow a reciprocal arrangement, whereby Connells and Zurich will work together to provide a consistent valuation service for Zurich's average 100,000 mortgage introductions per annum.
Connells, founded in 1936, has become one of the largest and most successful estate agency groups in the country with a network of approximately 500 branches throughout the Home Counties, South, West Country, Midlands and East Anglia.
Richard Coulson, Zurich Mortgage Network director, says: “This will add another dimension to our already attractive proposition for independent estate agents and it is anticipated that it will be of considerable interest to both existing and new connections with surveying practices.
“Connells has been chosen as the partner due to its standing as one of the best performing panel managers within the UK. Connells will be able to deliver significant valuation support to independent estate agents, whilst at the same time delivering a highly efficient panel management operation to the lender.”
Banks providing finance for mortgages will also benefit from these alliances.
Charles Haresnape, director, mortgage sales and intermediary development at NatWest, says: “NatWest is delighted that Zurich has teamed up with Connells for valuation panel management. We have strong relationships with both these companies and believe this will add further value to intermediaries using Zurich.”
David Livesey, Director of Connells, was enthusiastic about the arrangement.
He says: “Connells is pleased to have been selected as the partner in this exciting new business proposition. We are looking forward to working closely with Zurich and its lending partners to secure maximum benefit for all concerned.”