View more on these topics

Skipton Intermediaries launches ‘day one’ valuations

Hourglass-Deadline-Time-Clock-700.jpg

Skipton Intermediaries is launching ‘day one’ valuations on all its mortgage applications.

The changes take place today and follow a trial of the service.

A Skipton statement says: “As Skipton Intermediaries is committed to listening to its broker partners, it recognises that the number one service metric in the market is speed.

“Skipton regularly reviews its services to ensure they are meeting the needs of their broker partners and set up a trial of day one mortgage valuations to improve its own application speed and efficiency.”

The lender will now instruct standard valuations for complete purchase and remortgage cases from brokers.

Skipton Intermediaries is also letting its brokers use its online e-mortgage service until 10pm.

Skipton intermediary relationships director Paul Darwin says: “We wanted to trial something that would make a difference to our broker partners and we believe the introduction of the day one mortgage valuations and extend online hours has enable us to do that and provide them with a service that best suits their needs.”

Gerry Dupree managing director Gerry Dupree says: “After taking part in Skipton’s day one valuation trial I was very impressed by the speed and efficiency that the service provided.

“It is essential for all of our clients that when purchasing a new build home we act quickly upon their application. The day one trial enabled us to do this, ensuring that our clients received their mortgage offer within one week of submitting their complete application.”

Recommended

Skipton_Branch-building-2013-700x450.jpg

Skipton BS cuts rates by up to 0.2 per cent

Skipton Building Society has reduced rates by up to 0.2 per cent across some of its two and five-year fixed rate range. The reduced rate products all include a free valuation and the range includes a two-year fix at 1.79 per cent to 80 per cent LTV with £995 fee for house purchases and a […]

Home-House-Monopoly-Money-Property-700x450.jpg
1

Skipton and Manchester refute Property 118 rate hike challenge

Skipton and Manchester Building Society are defending raising interest rates on some of their mortgages amid claims the lenders’ behaviour could be challenged in court. Earlier this week the Court of Appeal ruled that West Bromwich Building Society should not have raised tracker interest rates without a rise in Bank of England base rate. Landlord […]

Skipton_Branch-building-2013-700x450.jpg

Skipton refreshes additional borrowing fixed rate range

Skipton Building Society is relaunching its two- and five-year additional borrowing fixed rate products for residential and buy-to-let and is cutting rates by up to 0.34 per cent. The changes come in tomorrow. The residential range includes two-year fixes at 3.65 per cent to 75 per cent LTV and 4.89 per cent to 90 per […]

Abe and Modi

India: Modi, reform and the oil price fall

Nearly 12 months since sweeping to power, prime minister Narendra Modi has overseen a significant turnaround in India, which is now on track to become one of the most pro-growth, pro-investment economies in Asia. While the market has rallied 48 per cent over the last year in response to Modi’s reform agenda, what is the potential for further progress?

Newsletter

News and expert analysis straight to your inbox

Sign up