What is Hometrack?
Hometrack is the leading provider of fast, accurate and robust analysis on, and risk management tools for, the residential housing market in the UK, Italy and Australia.
What is an AVM?
An Automated Valuation Model – this is one of Hometrack’s core products and enables mortgage lenders to increase efficiency, reduce cost and improve risk management by using a digital algorithm to provide a highly accurate property valuation as an alternative to a traditional physical survey.
Who can Hometrack help?
Anyone who is making a critical decision around residential property, from single consumers to large financial institutions. Our core clients are mortgage lenders, house builders, local authorities, providers of social housing and real estate investors.
What does Hometrack bring to the market that is unique?
A singular specialism in providing solutions for decision makers around residential property, backed by a depth of data and analytical excellence developed over a 15 year period.
What is the biggest concern for the housing market at the moment?
From my perspective, the extent to which decisions are often made on preconceptions and ‘gut feel’ rather than empirical evidence and thorough analysis.
What is your biggest pet peeve, or makes you angry?
Corporate arrogance and resting on your laurels, not continually striving to be better.
What would you do if you were Prime Minister for a day?
Mandate AVMs for all property-related actions undertaken by banks…..and achieve world peace, of course.
What would you do if you received a windfall of £1000?
Take my kids to Euro Disney (as I would be running out of excuses not to!).