Use the form below to login to your account. If you have problems contact the helpdesk.
Enter your email address and we will send you a password reset link or need more help?
HSBC extends long-standing relationship with Hometrack to deliver valuation and risk services for a twelfth consecutive year.
HSBC has signed a one-year contract extension with property analytics business Hometrack, securing the delivery of valuation and risk services for a twelfth consecutive year.
Hometrack will continue to supply HSBC with an extensive range of Automated Valuation Model (AVM) risk services implemented across its retail risk and mortgage team.
These will include AVM usage at origination, point of sale, surveyor audit, fraud detection, portfolio management and risk assessment. In addition, HSBC will now also benefit from a valuation audit tool and analysis of rental values across its BTL portfolio.
David Catt, Chief Operating Officer, Hometrack said, “We are extremely proud of the relationships that we have with our clients and are delighted that HSBC has yet again decided to select us as its preferred valuation and risk services partner. There is no greater endorsement for the work that we do and the intelligence that we provide to clients. We have worked closely with HSBC’s retail and mortgage team for more than a decade and look forward to continuing this partnership into 2018.”
Tracie Pearce, Head of Secured Lending, HSBC added, “Getting the right data and insight is invaluable to our retail and mortgage teams, it informs our understanding of collateral risk, increases the efficiency of our mortgage approval service and helps identify new opportunities. We are pleased to announce that Hometrack will be working with us for a twelfth successive year.”
Latest House Price Index reveals that the recent Budget stimulated an +80% spike in buyer demand for property compared to the four year average.
Paragon has worked with Hometrack since 2014 and the expanded agreement means Hometrack will provide Paragon with its Automated Valuation Model and Rental Value Model services for portfolio valuation.
Acquisition will help Hometrack reach its vision faster and in a more comprehensive way. Hometrack will also welcome a team of experts from EDM to Hometrack who will play an important role as Hometrack's business continues to grow in the months and years to come.
Hometrack, the leading provider of insight and intelligence to the mortgage market, has announced an industry-first partnership with Ambiental and Terrafirma, two leading UK climatology specialists, to deliver a leading climate change risk solution for mortgage lenders.