Mouseprice has signed an exciting five year deal with Moneyhub to provide Automated Valuations of residential properties to their rapidly growing client base.
The partnership will enable Moneyhub end users to directly track the value of their homes via the Moneyhub platform. Knowing the value of their property will help give users a comprehensive picture of their assets, enabling them to make smarter decisions when it comes to their finances and key life decisions, such as the best time to move house or remortgage. People will be able to track their property portfolios or set themselves new property goals with up-to-date valuations which are regularly reviewed, automatically taking into account changes to the housing market as well as modifications to individual homes.
The Mouseprice Automated Valuation Model was developed in 2005 by the same team that built the Land Registry House Price Index. It was the first in the UK to use the Repeat Sales Progression Method. PropertyHeads acquired Mouseprice in 2020 and overhauled the model, adding new datasets and significantly improving the inference methodology. The AVM is now probably the most accurate available, and is a crucial component in Mouseprice Data Solutions‘ strategy to develop the most comprehensive residential property data solutions in the UK.
On the partnership, PropertyHeads CEO, Ben Davis, said: “Today’s announcement is an exciting step forward for the industry. The powerful combination of Mouseprice AVM with Moneyhub open finance capabilities offers users instant access to a wealth of data. We are delighted to partner with an organisation that shares our values of empowering consumers to make informed decisions on their personal finances. Mouseprice has undergone rigorous testing to ensure the accuracy of its automated valuations and we are looking forward to helping people make better informed decisions via the Moneyhub platform.”
PropertyHeads.com is a social network dedicated to helping homebuyers and tenants gain true to life insights into their future property. With over 10,000 UK property businesses already signed up to PropertyHeads.com, buyers and tenants are able to use the website to search for properties, local providers and tradespeople and access property reviews with ease.
Moneyhub is a regulated Open Data platform that enables companies to transform data into personalised digital experiences and initiate payments. Its revolutionary, fast-growing open finance platform connects to thousands of financial services providers around the world.
Sam Seaton, CEO of Moneyhub said: “Property sits alongside pensions as most people’s largest asset and most significant financial life goal. More timely and accurate decisions made possible through automation can save people thousands of pounds and accelerate their journey to financial wellness. It has been a delight to work with Ben and his team and we are excited for the opportunities this relationship will deliver for our clients and their customers.”
For more information, visit data.mouseprice.com
Contacts
Ingrid Anusic
Marketing Director, Moneyhub
ingrid.anusic@moneyhub.com
M: +44 783 722 6553
About Moneyhub
Moneyhub is a global ISO 27001 certified software developer of Open Banking, Open Finance, and Open Data applications. Its FCA-regulated Open Data platform enables companies to quickly and easily transform data into personalised digital experiences and initiate payments. Its APIs and fully customisable platform provide data aggregation, insights, notification nudges, and payment systems. As a result, clients have the consent-driven data and analytics they need to create super-personalised offers, products, and services. Hundreds of organisations, spanning finance to media and retail, rely on Moneyhub’s award-winning technology.
For more details, please visit www.moneyhub.com