Digital valuer

The next generation of automated valuation

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Automate your property risk decisioning

Combining our AVM with advanced machine learning models, Hometrack is proud to provide the top lenders the most performant Digital Valuer service in the UK for decision in principle and full mortgage applications.

Improve your time to offer, streamline processes and realise operational costs savings by automating your property risk decision-making with Hometrack.

Eligibility check

Instant screening against your critical credit risk policy exclusions at the start of the mortgage application process; deploying address matching, property attribute verification, energy performance ratings, title and ownership checks detecting out-of-policy properties with precision and increasing confidence in using AVMs.

Automated valuation

Hometrack’s AVM considers the individual property and corresponding data from the local property market to produce an estimated market value and confidence level.

Property risk decisioning

Design, configure and manage your rules strategy to select the most cost-effective and safe valuation method for every property based on a reliable understanding of the risk factors.

Through a robust assessment of property risk factors, Hometrack digital valuer service can:

  • Validate and add confidence behind the property valuation produced (aka. market value), offsetting the risk of valuation error.
  • Assess whether the property is a suitable security against the mortgage by enhanced screening policy exclusions and understanding desirability, saleability & marketability.
  • Produce a digital property valuation and risk reports documenting essential information in a user-friendly, accessible & auditable format.

Property risk data

Easily integrate Housful’s proprietary property data and third party sources into your property risk assessment.

  • HMLR title and tenure
  • EPC ratings
  • Property characteristics
  • Commercial proximity
  • Environmental risks
  • Ground risks
  • Flood risk
  • Coastal erosion
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Customer value verification

Using an advanced machine learning algorithm our model supports the validation of reasonable customer values using independent evidence collected from AVM valuation and surveyor behaviours on similar properties.

Our combined AVM and CVV models drive +7% increase to AVM pass rates alone, increasing straight through processing and driving operational saving and a faster time to offer for mortgage applicants,

Condition detection

Our condition model uses natural language processing to identify property characteristics from property listings that could suggest a properties condition.

Incorporated into our AVM, condition data delivers higher precision and reliability of AVMs across property types.

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