Methods new Glossary of Terms launches today with descriptions of over 2,500 of the most commonly used terms by valuers and property professionals. Plus a few that aren't so common.
Published 09th Apr 2020
Staying true to the Method maxim of "we're here to help", our user friendly and comprehensive glossary covers property, valuation, construction, legal, planning, defects and more. It's there to provide underwriters and other lender staff with a reliable, and up to date, easy reference guide.
We've worked hard to ensure that the descriptions are clearly explained and neutral, meaning they are free from bias and not trying to influence the reader towards a particular decision.
The 'Glossary of Terms' is available to all clients who are signed up to our Method xi lender portal.
Managing Director, Mark Robertson MRICS, said
The idea for a glossary came about following discussions with Lender Clients. We've all received valuation reports and wondered what a specific term meant. The question then is, how do you find out?
In practice that means asking a colleague for their interpretation or navigating google for an answer, which is often more time consuming, confusing and uncertain than it sounds. The implications of getting it wrong can be huge. Our glossary of terms, with user friendly interface and easy to understand descriptions will help answer a lot of questions and make life easier for our clients.
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