WLB chooses XIT2 to manage commercial valuations

xit2, the online data manager, has announced that Whiteaway Laidlaw Bank has chosen to use the xit2 Valuation Exchange to manage and control the distribution of its valuations instructions to its panel of commercial surveyors.

Related topics:  Landlords
Warren Lewis
3rd May 2011
Landlords
WLB lends to small to medium sized enterprises, distributing its products through the intermediary market.

Stephen Johnson, new business director at WLB, says:

“Control and monitoring of service levels are crucial so it was vital we partnered with a technology provider who gave us confidence that they would meet our management requirements and minimise our risk.

"The Valuation Exchange fits the bill perfectly – it provides flexible technology catered to the requirements of commercial valuations as well as vital risk management controls.”

Mark Blackwell, managing director of xit2, says:

“This partnership is a strong endorsement of the quality of our Valuation Exchange. In a truncated market there is a greater importance on the quality of third party suppliers, and xit2 provides the rigorous support and first class data security that WLB require.

"We minimise risk across the whole valuations process, and our technology is agile so will deliver efficiencies for WLB and reduce their need for back-up staff.”

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