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Hometrack has won a two year contract to supply specialist lender Investec Bank plc with automated valuation tools for audit purposes on its Professional Mortgages proposition.
David Catt, Chief Operating Officer at Hometrack said, “We are delighted to be working with Investec, one of the country’s leading specialist banks and asset managers. Hometrack’s services provide the company with a fast, accurate and cost-effective means of managing residential property valuations.”
Alex Hammond from Investec Specialist Bank added. “We have recently used our nimble and flexible approach to customers and significant experience in risk management to launch a new range of Professional Mortgages. We look forward to working with Hometrack as we establish Investec Professional Mortgages in the market and grow the proposition in the future.”
The latest Hometrack UK Cities Index reveals that in the three months to September house price inflation in London recorded the lowest quarterly growth for 20 months.
The latest Hometrack UK Cities Index reveals house price growth has fallen to 8.2% as the slowdown seen in cities across the south of England in recent months intensified in August.
London, Tuesday 13th September: Hometrack has been appointed by digital challenger bank, Atom, to provide a range of Automated Valuation Model (AVM) services.
The latest Hometrack UK Cities House Price Index reveals a marked slowdown in house price growth over the last three months, led by a deceleration in London and other high value cities across the south of England.