Hometrack has won a contract to supply Clayton Euro Risk with portfolio valuation services via its automated valuation model (AVM).

Clayton Euro Risk is a provider of risk analysis, loss mitigation and operational services to the mortgage industries in Europe. As part of its due diligence process, Clayton Euro Risk will use Hometrack’s AVM to provide it with both capital and rental portfolio valuations.

“Like all of our clients, [Clayton Euro Risk] recognise the importance of having the best possible understanding of the assets with which they are working,” said David Catt, chief operating officer, Hometrack.

“Having access to accurate, reliable and timely portfolio valuations forms an essential part of their business. Hometrack’s expertise in this field is built on over 10 years’ experience of working with both the UK’s largest lenders. We look forward to working closely with Clayton Euro Risk in the months ahead.”

Michael Bolton, managing director of Clayton Euro Risk, said: “Quality and transparency are important to us and to our clients. We need to know that the portfolios we work with have been subject to an independent and accurate valuation process.

“Hometrack’s expertise in the property analytics space is widely acknowledged and we welcome their appointment.”