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Following recent trading updates from housebuilders, Alex Rose, Managing Director of Data Analytics at Hometrack, comments on the market.
“The operating environment for house builders is strong with improved land availability and greater availability of mortgages supporting growth in output in a market where builders are delivering homes into a supply constrained market. Government schemes to support demand are a key feature of the market and Starter Homes will open up demand and support further growth in new housing supply in the years ahead. “
The era of Open Banking is well and truly upon us, and with customers now in control of their financial data we consider how this will affect the industry.
New International Financial Reporting Standards (IFRS9) are due to come into force on 1st January 2018.
Hometrack has been appointed by Foundation Home Loans to provide Automated Valuation Model (AVM) services for its portfolio of Buy to Let (BTL) clients.
Hometrack has been appointed by TSB to be its provider and long-term partner for Automated Valuation Model (AVM) services.