News and Blogs

27 March 2023
Valuation expertise results in new appointments by banks and panel managers

Garness Jones’ decades of valuation expertise and experience of selling and letting commercial properties across Yorkshire and Lincolnshire has resulted in the firm expanding its work for banks and bank panels.

In recent months the business has been delighted to have been accepted onto an increasing number of bank panels.

Garness Jones has also been selected as a trusted independent valuer, directly, by a number of Secured Lenders seeking to assess potential loans against properties, as well as valuation reporting for Pension Trustee, Probate, Matrimonial and accounting purposes.

It follows work by the Professional Services team over recent months to revise its valuation reporting process for lenders, in consultation with their clients

This has seen the structure and layout of reports provided to clients completely revised and made much more easily digestible for the reader, ensuring the key details to consider are prominently featured, highlighted and explained to help clients make a fully-informed decision.

‘Decades of market knowledge and experience’

“The increase in appointments onto bank panels, and recent direct appointments by banks themselves, has been a really positive reflection of both our reputation in the market, and the improvements we have undertaken to continue improving our services to clients,” said Chris Noble, Director of Professional Services and one of the four RICS Registered Valuers at Garness Jones.

“As a business we’ve got decades of combined experience in terms of working in the commercial property market across Yorkshire and Lincolnshire. 

“Internally, we work hard to ensure that our knowledge of the local market, the big cities, towns, villages and properties is available to the agency and management teams within our business. It’s important that we know what we know, so we can all advise clients to their best advantage, with as much current and relevant information as possible.

“We are proud of the behind-the-scenes effort, and we believe the changes we have implemented have resulted in these recent appointments onto a number of new bank panels, and also pleasingly, directly by a number of banks themselves.

“It demonstrates how we are trusted by the lenders to advise them on any risks associated with a property or development, and that people have the confidence in us to ensure that when they are lending significant amounts of money, they are doing so with all the evidence they need to make the right decision.”

Valuation expertise results in new appointments by banks and panel managers

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Information

    Garness Jones is a trading name of Garness Jones (Commercial) Limited, registered in England and Wales – Registration No. 13088669

    The company is registered for VAT under reference 372 9009 88. Their registered address is Riverside House, 11-12 Nelson Street, Hull, East Yorkshire, HU1 1XE.

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