The surveyor’s firm says its remote valuation new build data-led product takes an average of four days less than a physical valuation, which also costs less and produces fewer carbon emissions by reducing site visits.  

It adds its new build remote valuations are currently being used by “several high street lenders”.  

E.surv product lead Mark Goodfellow says: “On receipt of first valuation instruction to a new development, our surveyor will visit the site, collect information and assess its suitability for remote valuation.   

“Once peer reviewed by our specialist new build team, an automated data-driven triage process is deployed for subsequent inspections”.  

“We tailor the service to every lender’s individual risk appetite. We digitally collect information such as the UK finance disclosure form, site, and floor plans from developers.   

“A local surveyor will carry out the remote valuation on receipt of the requested documents. The output is then automatically formatted into the lender’s mortgage valuation report.”