hometrack

Contact Us

What are you interested in?
Valuations
Market Intelligence
Risk Analytics

Cancel

Cancel

Confirming payment details

Payment processing

Login or Sign up

Use the form below to login to your account. If you have problems contact the helpdesk.

Cancel
Cancel

Forgot password

Enter your email address and we will send you a password reset link or need more help?

Cancel

EAA and EMF publish joint Paper on the Use of AVMs in Europe

By Andrea Biguzzi on 10 May 2016

The European AVM Alliance (EAA) and the European Mortgage Foundation (EMF) today have published a joint paper to provide for the first time a detailed overview of the key applications and features of Automated Valuation Models (AVMs) and the state of the industry in Europe.

The European AVM Alliance (EAA) and the European Mortgage Foundation (EMF) today have published a joint paper to provide for the first time a detailed overview of the key applications and features of Automated Valuation Models (AVMs) and the state of the industry in Europe.

In particular the paper demonstrates the various purposes for which AVMs are used across different EU and EFTA Member states, including primarily portfolio valuations; but also the determination of property vaules at mortgage origination, e.g. for re-mortgaging and quality control – depending on the jurisdiction.

In addition, the paper discusses the shift in the use of AVMs since 2008 as well as the existing rules, guidance and standards on AVM use in the different countries.

‘In recent years the use of Automated Valuation Models (AVMs) in the valuation process of residential property has emerged in an ever increasing number of European countries. We are delighted that together with the European Mortgage Foundation (EMF) we have successfully achieved to map how AVMs are used across various jurisdictions in Europe, to show how AVMs are defined and characterised, and to demonstrate how these tools fit and sit alongside other valuation techniques’, says Dr Andrea Biguzzi, Secretary of the EAA, on the occasion of the publication.

The paper can be downloaded here.

Hometrack to provide AVM services to TSB 02 May, 2017

Hometrack has been appointed by TSB to be its provider and long-term partner for Automated Valuation Model (AVM) services.

HSBC extends partnership with Hometrack 04 April, 2017

HSBC extends long-standing relationship with Hometrack to deliver valuation and risk services for a twelfth consecutive year.

Hometrack launches new platform to serve independent housebuilders 14 March, 2017

Hometrack launches an online platform for developers - providing independent, granular market insight for all development sites.

Zoopla Property Group to acquire Hometrack 31 January, 2017

Zoopla Property Group (ZPG) today announces that it has agreed to acquire Hometrack.co.uk Limited (“Hometrack”), the UK’s leading provider of residential property market insights and analytics.