Charterbank Capital moves to fully remote in-house valuations

Charterbank Capital has moved to a fully remote in-house valuation model, with all valuation work now completed without physical inspections across its bridging and development finance lending.

The Somerset-based lender said the updated approach applies across all asset classes throughout England and Wales, maintaining its in-house process while removing the need for third-party involvement or site visits.

According to the lender, valuations are completed prior to issuing a decision in principle (DIP), enabling cases to move directly to offer once a full application is received.

Tom Branson, Director at Charterbank Capital, said:

“This is something we’ve been developing and testing for some time, and it’s now working very effectively.

Moving fully to remote valuations gives us greater control over the process, reduces delays and allows us to progress cases more quickly from enquiry through to offer.”

Charterbank Capital added that its in-house valuation approach forms part of its broader model as a privately funded lender, allowing it to manage underwriting and credit decisions internally without reliance on external funding lines.