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Newcastle-based Johnson Tucker appointed to Lloyds Bank valuation panel

The bank, which has a network of 1,300 branches across its UK network, has installed Newcastle-based Johnson Tucker onto its Valuation Panel for Secured Lending.

The bank has become the fifth financial institution to add the commercial property specialists to its panel. Handelsbanken, Allied Irish Bank, Newcastle Building Society and Yorkshire Bank are other banking institutions who call on Johnson Tucker to help determine valuation matters against lending in the region.

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.

Malcolm Angus, associate partner at Johnson Tucker, commented: “We’re thrilled to be added to Lloyds Banks trusted panel of advisors.”

The firm has also started to expand its property management function and manages a range of commercial and high-tenancy domestic properties.

Malcolm added: “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.”

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