National firm of chartered surveyors, e.surv, has announced an extension and expansion of its relationship with mortgage lender, Virgin Money.

The move will see e.surv act as the sole panel manager for both brands and undertake the majority of the bank’s desktop and mortgage valuation needs.

e.surv is the UK’s largest valuation provider and directly employs more than 600 residential surveyors across the UK, supported by a network of consultant valuers. The firm is panel manager for more than 20 mortgage lenders and other entities with interests in residential property, and provides a number of private survey products direct to the home-buying public.

As part of its relationship with Virgin Money, e.surv also revealed that it has a brief to support innovation in what it described as a “critical service element” of the mortgage application process.

Director of business development at e.surv, Richard Sexton, said: “We’ve had long-term relationships with both the former Clydesdale Bank and Virgin Money and therefore when the combined business wanted to review its valuation arrangements as part of its wider rationalisation and moderation projects, we were pleased to be engaged to explore this opportunity.”

Valuation strategy manager at Virgin Money, Hardeep Nagra, added: “Over the years e.surv has demonstrated a flexible and innovative approach to delivering our property assessment needs and we are looking forward to evolving the service further to ensure a truly best in class experience for our customers and the brokers who support them.”

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