The partnership will see the society use enhanced automated valuation data (AVM) technology and application programme interface (API) with Rightmove.
Skipton Building Society has partnered with Rightmove in a move that will see the society use the platforms enhanced automated valuation data technology.
The move brings benefits for residential lending purposes as more customers will benefit from an automated valuation at the point of application and may be able to receive day-one offers, provided the case has been properly packaged.
The technology gathers data from more sources too, which means customers can take comfort in the knowledge that they’ll have the most up-to-date mortgage valuation for the property.
Karen Appleton, head of lending at Skipton Building Society, said: “One of the ways we’re Making Things Easier for You is by combining the latest technology with the human touch, and working with Rightmove will help us achieve that.
“We believe the AVM and API technology will help us provide a faster, more accurate service.”
A spokesperson from Rightmove, added: “By moving to our enhanced Automated Valuation Model, Skipton are benefitting from the increased accuracy, consistency and functionality that the new model offers, pulling in millions of data points from our property database and surveyor data records.
“Rightmove is committed to restless innovation and making home moving easier across the UK, and we’re excited to begin this roll-out of our new and improved tool.”
