Selina Finance has launched the option of no-valuation products by adding an integration to Hometrack within its broker portal and via its broker API.
The upgrade gives brokers access to Hometrack automated valuations (AVMs) at no cost.
The integration of Hometrack means brokers can now see an instant valuation figure at application stage and progress cases without a physical valuation where the figure meets Selina’s criteria.
Brokers will also be able to see when a Hometrack AVM is not eligible. If a broker or client wishes to use a different figure, there is still the option to move to a drive by or full RICS valuation.
The update forms part of Selina’s drive to improve clarity, reduce processing times, and lower costs for brokers and their clients.
Selina Finance head of intermediaries Matthew Batte says: “The launch of our no valuation products with the addition of Hometrack is a clear step in our plan to make the process faster and simpler for brokers.”
“Instant valuations where criteria are met means fewer delays, less cost, and a smoother experience. Brokers told us they wanted more clarity and more control at the point of application, and this upgrade hits that brief exactly.”
