VAS Panel is managed on a day-to-day basis by its director of operations Gina May.

The lender hopes the partnership will significantly reduce the time taken to complete bridging and development finance loans.

Anuj Nehra, managing director at Oblix Capital, said: “We are delighted to be working with VAS Panel, this will greatly enhance our service levels to our third-party intermediaries and is the next step in offering our borrowers a competitive, efficient and speedy process.

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“We will continue to listen to our intermediary partners and where necessary reflect on improving our service proposition.”

Stephen Todd, managing director of VAS, added: “Being instructed by Oblix to manage [its] entire valuation process is a great appointment for VAS.

“We believe that our tailor-made valuation panel, market-leading software and valuation auditing service can add real value to Oblix Capital.

“Ultimately, as a business, we set out to take all the stresses of sourcing, instructing and managing a valuation panel away from our clients, which adds a lot of value, allowing them to focus on their core business.”