Arbuthnot Specialist Finance Limited (ASFL) has appointed VAS Group to manage all its valuations work, with VAS Panel supplying full panel management and VAS Audit reviewing all applications over £1m.
Part of Arbuthnot Latham & Co. Limited, the private and commercial banking and wealth management arm of the Arbuthnot Banking Group PLC, the new specialist finance division provides real estate finance solutions for purchase, refinance and construction projects throughout the UK.
Its property financing service offers the full range of property finance facilities, and aims to build long-term relationships with clients and introducers, bringing a bespoke private banking philosophy to the specialist finance market, it says.
VAS Panel says it ensures the most relevant third-party valuers are instructed to provide loan security valuations based on location, deal type and value, while VAS Audit provides an extra layer of security when making informed decision on property specific lending risks.
Stephen Todd (pictured), co-founder and managing director of VAS Group, said: “The Arbuthnot Latham name is world-renowned, so to be involved with ASFL from its inception, assisting them with their initial valuation strategy and being entrusted to provide them with a full valuation service, is a privilege.
“The two VAS businesses will work hand-in-hand to ensure all valuations processes – from placement through to auditing, plus any additional required reports which assist with the overall decision making process – are delivered with the same seamless quality as expected by our lender partner.”
Shoaib Bux and Yasin Patel, ASFL’s joint managing directors, added: “Utilising the VAS systems and their experienced team allows us to make the valuation process, one of the key aspects of the client journey, as efficient and seamless as possible.
“Arbuthnot Specialist Finance has put the client at the centre of our operational model and VAS share this ethos, this new partnership is an important tool in delivering our core service commitment.”