Failsafe
Our Failsafe service protects lenders from the risk of inadvertent or fraudulent overvaluation when assessing a property’s value prior to making a loan. Independent tests conducted by lenders and mortgage insurers repeatedly show that Failsafe provides the greatest level of protection while maximising operational efficiency and minimising the impact on service quality - both in the UK and Australia.
Benefits include:
- Reduced loss from overvaluation and fraud
- Lower investigation costs, and faster, non-intrusive approval process
- Enhanced profitability
- In terms of accuracy, Hometrack’s Failsafe service has won every competitive performance test conducted by lenders and mortgage insurers.
Contact us for more information about Failsafe
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UK Paul Brock Business Development Director T: +44 (0)845 013 2356
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Australia John Campbell Commercial Director Lending Solutions T: +61 (2) 8257 1104
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