Hometrack, the provider of valuation solutions, has launched its Property Listings Data tool.

It  to deliver key market information to lenders, investors and other industry professionals.

The new product pulls data from property portal Zoopla to give insight on asking prices, price reductions, available stock, rental yields and core property features.

Users can also source new listings, time on market and sales agreed. All information is provided in a batch file format.

The information supports decision making by lenders and developers, but also offers intelligence for those outside the sector, including utility companies, insurance providers and fintech firms.

Data can be split geographically and tailored to specific requested requirements and the Property Listings Data can be used for one-off purchases or on a monthly subscription basis.

George Robbins, VP commercial at Hometrack, said: “We’re excited to bring our Property Listings Data tool to market.

“By providing stakeholders with the most complete set of data available in an easy downloadable format, we are trailblazing digitised transaction journeys across the industry.

“The tool has a wide range of uses, informing decision makers and adding confidence to the work undertaken by property professionals across the industry.

“The launch marks the next phase in the realisation of our vision to underpin an easier and more transparent homebuying and selling journey for both businesses and consumers.”