We’ve appointed VAS Panel Manager (VAS) as our specialist valuation panel manager for residential investment properties. This means that we’re changing the way we instruct valuations for these cases.
From 1 April 2025, you’ll have seen an increase in panel firms able to undertake valuations.
Product lines in scope:
- Large HMOs and student lets of 7 to 10 rooms. This includes bedsit configurations
- Multi-unit freehold blocks of 7 to 10 self-contained units
- HMOs in Article 4 areas with 5 to 6 lettable rooms
- Adapted HMOs of 5 to 6 lettable rooms, where all or most rooms benefit from ensuites and/or kitchenettes. This may include bedsit configurations
- Multiple houses on a single freehold
The process for instructing long-form valuations outside of the above criteria hasn’t changed.
We’ve prepared FAQs with some additional information on how VAS works. We encourage you to read through them to allow for a seamless transition.