Twenty7Tec has signed a deal to incorporate Hometrack’s automated valuation model (AVM) into its offering.

The tool will be made available to CloudTwenty7 users. It boasts of providing fast and reliable quality checks on submissions to lenders using Hometrack’s “vast” array of raw data.

The aim is to save brokers time and money when completing fact finds, mortgage applications, and home insurance.

Twenty7Tec chief executive James Tucker says: “The integration of the Hometrack Broker AVM with our CloudTwenty7 platform is intended to provide our users with another mechanism through which they can seamlessly access property data, and a unique AVM.

“We believe this can be invaluable in assisting advisers in ensuring that they find the right product for their client in the shortest possible time.

“We look forward to working with Hometrack to deliver other innovations that deliver real value to our users”.

And Hometrack vice president of commercial George Robbins adds: “Our new partnership with Twenty7Tec has been designed to support their broker users as they verify estimated property values and obtain details of the subject property – reducing resubmissions, increasing accuracy and driving efficiency like never before.

2It also supports our broader strategy to see mortgages delivered in minutes, and helps to realise our vision for a digitised mortgage journey for lenders, brokers and consumers alike.

“We look forward to partnering on further innovation with Twenty7Tec in the near term, and to consolidating our relationship further.”