Urgent remortgage finds AVM-powered solution  

Remortgage case offered within three hours of case submission.  

Property type: Standard
Location: Liverpool
Product: Standard AVM 5 Year Fixed 70% LTV 

Challenge

We faced the challenge of a swift remortgage for a Liverpool-based property. The client emphasised the need for not just speed but also minimising expenses to reserve funds for future investments. 

Solution

By implementing AVM technology, we could expedite the underwriting process. This approach further enabled us to bypass additional valuation expenses, aligning with the client’s financial strategy. 

Outcome

The process speed was significant, with an offer issued on the same day the application was filed. The precise timeline was as follows: the application was submitted at 11:38 am, reviewed by the underwriter by 11:41 am, and the offer was finalised by 2:37 pm. The entire procedure was wrapped up within a mere 3-hour window from submission. 

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The AVM product assisted us in providing our client with an efficient, smooth and quality re-mortgage service.