UK banking giant, Lloyds Bank has added North East-based commercial property specialists Johnson Tucker to its trusted valuation panel.
The bank, which has a network of 1,300 branches across its UK network, has installed Johnson Tucker onto its prestigious Lloyds Bank Valuation Panel for Secured Lending.
They become the fifth financial institution to add Johnson Tucker to its carefully selected panel. Handelsbanken, Allied Irish Bank, Newcastle Building Society and Yorkshire Bank are other major banking institutions who all now call on the experience of the team at Johnson Tucker to determine sensitive valuation matters against lending in the region.
Malcolm Angus, associate partner at Johnson Tucker, said: “We’re thrilled to be added to Lloyds Banks trusted panel of advisors.
“We have a deep understanding of the region’s commercial property market and that’s something Lloyds are keen to tap into. They now sit alongside other leading financial institutions who trust the Johnson Tucker team with what is a combined 100 years of valuations experience.”
Johnson Tucker operates from bases in Newcastle and Washington and has been running for ten years in the North East, specialising in commercial property management, building surveying, valuations and investment advice.
It has recently started to expand its property management function and manages a range of commercial and high-tenancy domestic properties.