HSBC signed one year contract extension with Hometrack according to ZPG
News item released yesterday from ZPG stated: 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 is part of ZPG plc and currently partners with 15 of the top 20 mortgage lenders in the UK as well as all 4 leading Australian mortgage lenders and its UK AVM is recognised by all major ratings agencies.
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.”
Read the press release from ZPG April 04, 2017 in full click here.