Kuflink is now allowing self-instructed automated valuation models (AVMs) for residential property.

The function is provided by Hometrack and works with residential bridging deals at 80% LTV or below with a maximum loan size of £300,000.

Each AVM instruction costs £25.20.

Properties that fall outside of this criteria can be valued through a drive-buy or with a full valuation instead.

Kuflink head of origination Ranjit Narwal says: “This exciting move emphasises the importance of the relationship between us and our brokers. In simplifying our process, we are placing greater responsibility into the hands of our introducers to manage their own cases.

“Since we announced the facility to self-instruct valuations in June, the response has been extremely positive.”