Outsourcing to VAS panel is smart move, says Oblix Capital MD Anuj Nehra

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Anuj Nehra, managing director of Oblix Capital, has spoken about the latest step in improving the business’s service -- which has seen the outsourcing of their valuation panel management to VAS Panel.

Oblix Capital have further strengthened their proposition by partnering up with leading valuations panellist VAS panel, who will provide panel management service across their entire lending portfolio.

The new partnership forms part of Oblix’s ongoing commitment to align its products and services to the exact needs of the client. Last year, Oblix reduced their rates and increased their product range following intermediary feedback and this latest move will significantly reduce the time taken to complete bridging and development loans.

And Anuj Nehra said: “We are delighted to be working with VAS panel, this will greatly enhance our service levels to our third-party intermediaries and is the next step in offering our borrowers a competitive, efficient and speedy process. We will continue to listen to our intermediary partners and where necessary reflect on improving our service proposition.”

Stephen Todd, managing director of VAS said: “Being instructed by Oblix to manage their entire valuation process is a great appointment for VAS. We believe that our tailor-made valuation panel, market leading software and valuation auditing service can add real value to Oblix Capital.

"Ultimately as a business we set out to take all the stresses of sourcing, instructing and managing a valuation panel away from our clients, which adds a lot of value, allowing them to focus on their core business.”

VAS Panel is managed on a day to day basis by Gina May, director of operations. She said: “The whole VAS Panel team are excited to be working with the Oblix team. We consider our clients as an extension of our business and are looking forward to working closely with Oblix, helping them achieve their lending ambitions and managing expectations in all areas of the valuation process. We are delighted to be on board.” 

Carl Eldridge is a journalist with more than 25 years’ experience working on local and then national newspapers, including a spell on the City Desk at the Daily Express, before switching from print media to the internet.

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