The Market Harborough Building Society has appointed Gateway as its new panel manager.

The outsourcing arrangement means that Gateway will look after all of the Market Harborough’s valuations and valuation process.

Stephen Barringer, head of mortgages and savings, said: “Following a robust review of our valuation requirements, the Society is delighted to have selected Gateway as its new panel manager. The careful management of our valuation process is a crucial and integral part of our mortgage lending business and we were particularly impressed with Gateway’s attention to detail and its commitment to risk management.

“The senior management team at Gateway is highly experienced and well respected within the industry for its focus on quality and service delivery.”

Mel Kettle, director of client services at Gateway, added: “We are delighted to have been selected by the Market Harborough to provide its valuation and panel management services. We are a director-led business that is committed to providing an exceptional level of service.

“Our growth over the past couple of years has been impressive and is down to the hard work and dedication of our team and our ‘can do’ approach to our clients’ requirements.

“The Market Harborough is an important new client and our appointment reflects the progress we have made in becoming a major provider of panel management and valuation services to the UK lending industry, and the building society sector in particular.”