We work hard to improve the service we provide to our clients a
nd the latest step is the adoption of DeskVal, the award-winning desktop valuation tool from Ultimate Property Dashboard, which we will use to support our short-term property lending operations.
Designed to deliver fast, accurate, and consistent desktop valuations, DeskVal is a powerful addition to Signature’s toolkit, helping us streamline early decision-making and improve the experience for brokers and borrowers alike.
By speeding up the initial assessment of a deal’s viability, the platform enables our lending team to act with greater agility and provide quicker feedback, without sacrificing the quality or rigour of our lending process.
DeskVal is a smart, data-driven tool that supports our underwriters and Relationship Managers by providing a clear picture of a property’s likely value at the early stages of the deal process. It doesn’t replace the knowledge of our team and lending decisions remain firmly in the hands of our experienced team.
We believe, adopting DeskVal underlines our commitment to delivering efficient, borrower-focused finance solutions while maintaining the high-touch, relationship-led service on which our reputation is built.
With Relationship Managers based across the UK, we continue to place local market knowledge at the heart of every deal. And by integrating DeskVal into our lending workflow, we are confident we will improve service levels for brokers and borrowers, without turning to automation or algorithms to make decisions.
This is the latest step in our Thrive in ’25 campaign, a year-long initiative designed to help brokers and property investors make the most of the opportunities afforded to them in the current market conditions.
The DeskVal option only applies to single occupancy residential investment properties and comes with slightly higher rates than our low residential bridging rates that require a full Red Book valuation.
DeskVal rates for purchases up to 50% LTV are 0.90% per month, for purchases from 51-65% LTV the rate is 0.94% per month and for purchases from 66-75% LTV the rate is 0.99% per month, with a maximum property value (LTV or GDV) of £500,000.
Importantly, we’re still supporting developers looking to buy and refurbish, with a purchase and light refurbishment option available up to 65% GDV at a rate of 0.99% per month.
Reflecting the speed of our decisions, we have had to limit the funds available to a maximum of £375,000, with a minimum term of 3 months and a maximum term of 12 months.
We believe this new option is a welcome addition to our service and offers property investors greater flexibility in the way they structure their deals, safe in the knowledge our service will be quicker, but still based on the strength of the personal relationships we build with every client.
We’ve always believed in combining speed with service and now DeskVal allows us to do just that – enabling quicker evaluations while preserving the personalised approach that borrowers and brokers value.
It should be clear that we continue to invest in tools and technology that support our relationship managers and improve outcomes for clients, without compromising on the principles of good lending.
If you would like to know more about the DeskVal service, please speak to your Relationship Manager or call the office if you’re not sure who your local Signature contact is and we’ll do the rest to ensure you continue to Thrive in ’25.