Valunation has been chosen by Ipswich Building Society to be its sole valuation panel manager.

the firm claims it won the contract because of its fee arrangements, technical support, point of valuation and retrospective audit procedures, and the level of personal service provided.

With Valunation being located in Colchester, Ipswich Building Society also valued the close geographical proximity and local connection of the two businesses.

Alison Beech, business relationship director, Valunation, said: “We consider this recognition of the key fundamentals underpinning our business which are quality