Property Surveys Face Huge Shake-Up As Lender Valuations Go Digital

For decades surveyors have relied on lenders for their revenues which, until recently, have been generated by the need for mortgage valuations and also via referrals from banks and building societies.

But this long-standing inter-dependency is being disrupted both by lenders attempting to speed up mortgage decisions and the availability of new technology.

Lenders have been slimming down their need for physical visits and instead have been relying more and more on Automated Valuation Model...

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