ZPG announces that Hometrack has been appointed by Foundation Home Loans

October 16, 2017

A recent press release from ZPG announces that  Hometrack has been appointed by Foundation Home Loans to provide Automated Valuation Model (AVM) services for its portfolio of Buy to Let (BTL) clients.

Jeff Knight, Director of Marketing at Foundation Home Loans, said: “The recent changes within the market are a good thing and provide opportunities for intermediaries and lenders like ourselves. To this end, we are enhancing our market by partnering with Hometrack. They lead the way when it comes to AVM portfolio services, residential property analytics, insight and data. We are delighted to have selected Hometrack as our preferred partner and look forward to working closely with the team over the coming years.”

Andrew Vaughan, Head of Mortgage Origination Solutions at Hometrack, said; “To be able to improve collateral and asset valuation, stress-test portfolios and effectively manage risk, lenders require accurate, individual property valuations. Our BTL AVM will provide Foundation Home Loans with confidence that they have a clear picture of each property’s capital value and rental income. At the same time, we will endeavour to help streamline the company’s valuation process and subsequently improve the experience for its customers.”

Read the ZPG press release 10th October 2017 in full click here.

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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