Residential Standing Instructions

A further update will be provided prior to the module’s release

Previously the API had informed Members of the release of the Australian Banking & Finance Industry residential valuation standing instructions.

Members were also advised that the API is planning a national training schedule and it is expected that an online learning module, as well as limited face to face presentations, will be made available in the coming months.

Please be advised that the Training Module is currently under final development and expected to be available for members to undertake in the near future. The Module will at this stage be free to members and attract relevant CPD points. It is expected that the Module will form part of the FPP requirements for those seeking the RPV designation. The issue of whether completion of the Module will be a requirement prior to being on any lender panel is one for the instructing party.

A further update will be provided prior to the release of the Module.

Phil Western

API National President