New Street Mortgages hires Gateway to oversee valuations


New Street Mortgages has announced that Gateway is its new panel manager in charge of all valuations.

Gateway, owned by SimplyBiz Group,manages a network of chartered surveyors alongside its in-house firm, Sonas Surveyors.

New Street distribution director David Finlay says: “The careful management of our valuation process is a crucial and an integral part of our mortgage lending business, and we were particularly impressed with Gateway’s attention to detail and its commitment to risk management.”

Gateway managing director Pete Hughes says: “We are thrilled to have been chosen by New Street to provide its valuation and panel management services.”

Gateway will use the the Quest platform as part of the new deal.