Reliance Bank to accept desktop valuations

The service will be available from the bank’s panel of valuers.

Reliance Bank to accept desktop valuations

In order to support new and existing customers during the COVID-19 pandemic, Reliance Bank will be accepting desktop valuations for house purchases, mortgages and mortgage-free properties up to 75% LTV.

The service will be available from the bank’s panel of valuers.

Where a remote valuation, which does not require physical inspection of the property, can take place, mortgage applications will progress to formal mortgage offer during the lockdown period.

Gareth Byrne (pictured), head of mortgages at Reliance Bank, said: “I am delighted to announce that we continue our proactive approach to supporting the UK housing market during these challenging times.”