Connells Survey & Valuation has announced a new valuations partnership with Precise Mortgages.
The partnership involves Precise outsourcing its residential survey and valuation panel management to Connells under an exclusive long-term contract.
It follows Connells consolidation as the leading provider of quality valuation panel management services to the UK’s financial and property sectors and its previous appointment to manage valuations on Precise Mortgages’ short-term lending business in 2015.
The timing of the announcement marks a key point in Precise’s growth plans with its parent company, Charter Court Financial Services Limited, being granted a UK banking licence.
It also follows Connells’ 2015 announcement of a further £5 million annual investment into developing its service and risk management model.
This will increase the size of its nationwide surveying teams, enhance Connells panel valuer partnerships and further extend its digital service solutions as clients seek to secure certainty of excellent customer experience.
Ross Bowen, managing director at Connells Survey & Valuation said: “Precise’s track record of significant and controlled growth is impressive and we welcome the opportunity to work with such a dynamic and forward thinking business.”