Remote Valuation

Mobile surveying solution for the completion of off-site Mortgage Valuation Reports

Overview

The CoreLogic Remote Val App delivers a fast and effective alternative to full physical mortgage valuation inspections.

The Remote Valuation App harnesses the knowledge of a local Valuation Surveyor, something that is often lacking in traditional centrally administered Desktop valuation models. The App enables a Surveyor to undertake Remote Valuations in the field alongside traditional physical valuation instructions. The App provides the surveyor with access to Land Registry title plans and Google Maps to identify the property location and boundary information. Integration with third-party property data sources enables the surveyor to access detailed property attribute information for the subject property needed to undertake a valuation.

The Remote Val App enables CoreLogic’s Valuation Surveyor customers to offers Lenders a balance of speed, cost and accuracy, with greater certainty than using AVMs in isolation, while keeping costs low compared to full physical inspections.

Key features

  • Easy to use interface including overview screen, detailing property information and clear survey sections.

  • Integration with Land Registry and Google Maps to identify location and download subject property boundary title.

  • Satellite imagery, road maps and street views available.

  • Integrated access to property data from Rightmove and CoreLogic.*

  • Incorporates BCIS calculator (The Building Cost Information Service) to calculate total reinstatement costs.

  • Photo capture tool enabling evidence collected within the App to be easily screenshot, stored and used within the valuation site notes.

  • Output automatically formatted into a lender specific mortgage valuation report with the accompanying site notes.

  • Documentation and site notes are stored online to provide an electronic audit trail and support the defence of claims.

  • Documentation and site notes are stored online to provide an electronic audit trail to support the defence of claims.

*Functionality available if integrated with Survey Hub.

Need more information?

For more information about Remote Valuation download the brochure, or get in touch with us.

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