CLSQ has announced a webinar in partnership with UK Finance to educate mortgage lenders about the role instant insured property valuations can play in delivering an enhanced customer experience.
Called “What’s next in property valuation: Increasing automation and managing risk”, the webinar will provide important insights into how lenders can originate mortgages with greater speed and certainty.
The webinar will feature Rob Stevens, Head of Property Risk at Nationwide Building Society; John Baguley, Principle, Mortgage Policy at UK Finance; and Spencer Wyer, Strategic Development Director at CLSQ.
With the announcement of the webinar, CLSQ can also confirm that the instant insured property valuations delivered by VerifyQ will be underwritten by leading AA- rated insurer, Aviva.
VerifyQ is a unique service that has been launched by CLSQ to enable faster lending decisions by providing instant insured property valuations. The service harnesses CLSQ’s data modelling capability with the backing of Aviva toprovide robust data interrogation and insured decisions on property valuations.Its unique approach provides lenders with recourse against loss should theproperty be repossessed, enabling mortgage decisions in principle (DIPs) withunparalleled confidence levels and enhanced capital risk protection.
The CLSQ webinar is open to all mortgage professionals who work for a lender member of UK Finance and will take place on 2nd April at 10am. Registration is open now and available here.
Spencer Wyer, Strategic Development Director at CLSQ, says: “We firmly believe that VerifyQ is a gamechanger for mortgage lenders, reducing the needfor desktop and physical valuations by providing insurance against loss atrepossession, backed by Aviva This enables lenders to deliver an enhancedcustomer journey, with a more accurate and de-risked process, helping them toprovide faster mortgage offers. It also helps to reduce a lender’s carbonfootprint, supporting greater sustainability in the mortgage sector.
“This webinar, in partnership with UK Finance, will help mortgage professionals working for lenders to understand how a synergy of data and insurance can help them to deliver customers with an enhanced experience – at the same time as creating a more efficient operating model.”
