Hometrack has retained its contract with Santander UK.

It will continue to provide Santander UK with AVM (automated valuation model) reviews and updates in relation to their portfolio of secured lending.

The contract was won through an open tender process and builds on a relationship that was first established with the bank in 2005.

David Catt, Chief Operating Officer, Hometrack said: “We are delighted that Hometrack has been chosen by Santander UK as their preferred partner.

“We have been providing this service to the company for over six years during which time we have developed a close working relationship with the bank and its retail risk teams.”