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VAS Group rebrands and restructures

  • 05/05/2022
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VAS Group rebrands and restructures
VAS Group has rebranded to VAS Valuation Group, while VAS Audit division has simultaneously been renamed VAS Assurance as part of efforts to clarify the business’ core purpose.

The changes reflect the growth of the company to more than 30 colleagues since its inception in November 2015, when it was a two-person operation known as Valuation Audit Services (VAS).

VAS Assurance division does live and retrospective valuation auditing, project monitoring audits and loan book monitoring. VAS Software, the company’s cloud-based valuation panel management (VPM) system for lenders, will also come under this division.

VAS Panel will still be a standalone division, providing a VPM service for lenders to link and instruct relevant companies based on location, deal type and value.

VAS Valuation Group regularly completes over 1,000 valuations per month for the short-term, challenger bank, and term space lenders. It has valued more than £5bn worth of commercial, semi-commercial and residential property over the past year.

Gina May (pictured), chief operating officer and co-founder of  VAS Valuation Group, added: “I hope the market will agree the new changes whilst subtle, help better explain who we are and shows the type of organisation we are developing into.

“To think we started with just two people, have grown to over 30, and employ some of the most respected names in the lending and surveying markets is just incredible. While our customer interaction technology is one of the best in the market it’s our team who truly set us apart – they are amazing.”

Stephen Todd, chief commercial officer and co-founder of VAS Valuation Group, said: “What this company has achieved in under seven years is remarkable. We are now the trusted valuations partner of choice for leading lenders across the spectrum, as well as a principal advocate of surveyors and reporting quality across the country.

“This progress has opened the business up to ever widening markets and opportunities, and to have a group name and divisions which simply and clearly reflect our full service offering is vital going forwards. These are very exciting times.”

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