Valuation panel management firm VAS has unveiled a new lender API that promises to revolutionise how lenders manage and automate their valuation processes.

The system, a year in development, aims to enhance efficiency, reduce manual error and offer seamless integration with lenders’ internal systems.

The VAS Lender API enables users to manage valuation requests entirely through their own platforms, eliminating the need to log into the VAS Valuation Manager manually. It also reduces reliance on email communication by offering real-time updates via webhook notifications.

According to the firm, lenders can choose how much of their existing process to integrate, from submitting new quote requests to receiving completed reports directly into their CRM systems.

Stephen Todd (pictured), co-founder and chief commercial officer at VAS, said the launch marked a significant step for the firm as it responds to growing demand among lenders for better technology integration.

“This is a really important step for VAS as we recognise our clients are investing significantly in their technology infrastructure to provide their clients and broker partners a more efficient experience,” he said.

“We now have the ability to support our clients by making the valuation process manageable via their own platforms.

“We can also extract information that was previously not available, and send this straight into our customers’ internal systems, further enabling them to better manage their loan book and cut down on manual entry.”

CUSTOM INTERFACES

The API also allows lenders to design custom interfaces and automate workflows to suit their own branding and operational needs. The platform offers full technical documentation, including an OpenAPI specification, making it easier for developers to build custom integrations.

Ian Furlong, chief technology officer at VAS, said: “As lenders grow and adopt more sophisticated technology, the API ensures they can scale their operations without having to move off their platform to get valuation quotes, instruct, and monitor progress—ultimately creating the feeling of VAS being an extension of their business.

“Beyond efficiency, the system fosters accuracy and integration, ensuring smoother operations and higher reliability throughout the valuation process.”

VAS said several existing clients are already using the new API and are beginning to see tangible benefits, including time savings, error reduction and improved data quality.

By automating the submission and retrieval of valuation data, the system also reduces the risk of incorrect input—such as postcode or numerical errors—often associated with manual entry.