Hometrack and Interbay link up
Hometrack will supply Interbay with automated valuation and risk tools which will used InterBay Commercial’s chartered surveyor valuation and audit team.
David Catt, chief operating officer of Hometrack, said: “InterBay Commercial is one of a number of specialist lenders we’re currently working with who need fast access to accurate, reliable housing market intelligence and risk tools. We are delighted to be working with them.”
Neil Richardson, real estate director of InterBay Commercial, added; “InterBay Commercial aims to deliver the best service possible for its key partners and we believe that Hometrack can help us achieve this by providing an efficient and useful tool for our Real Estate department to assess properties.
“Our service is something InterBay is commended for above our competition and Hometrack assists us in delivering the best service we can.”
InterBay Commercial, a wholly owned subsidiary of OneSavings Bank plc, has been operating in the commercial mortgage markets since 2006 but has recently moved into the residential buy-to-let lending space.