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Just and More 2 Life resume physical valuations – round-up

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  • 18/05/2020
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Just and More 2 Life resume physical valuations – round-up
Physical valuations have returned to the equity release market as Just Group and More 2 Life announced they will be brought back in England from today.

 

Just Group 

Just’s surveyor partners will conduct physical inspections in properties where the residents are not self-isolating or showing symptoms and where social distancing guidance can be upheld.

Where social distancing is not possible, the resident can agree to wait outside while the inspection takes place. 

Surveyors will be provided with personal protection equipment (PPE) and an assessment will be carried out with the customer beforehand to establish inspection procedures. 

  

More 2 Life 

More 2 Life will resume physical valuations with E.surv while continuing to run desktop valuations where necessary. 

The lender said it will conduct in-person inspections with respect to government guidelines on working in people’s homes.

Dave Harris, chief executive at More 2 Life, said: “With the later life lending market facing significant challenges, More 2 Life is working hard to be as flexible as possible with regards to valuations – an area that we know from our own research is a real cause for concern for advisers.

“More 2 Life’s dual track process will ensure homeowners can move rapidly through the application process to a loan offer via our advanced remote valuation process, with physical valuations available where necessary. It is all about helping advisers help their clients and keeping the market moving at a time of huge uncertainty.”

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