Chimnie partners with UK proptech Propflo to strengthen home valuations and energy efficiency reports

Chimnie has partnered with UK proptech Propflo to accelerate green home improvements. Chimnie's consumer platform, will offer homeowners access to a one-stop-shop for improvements (GreenVal) whilst Propflo will also utilise Chimnie’s automated valuation model (AVM) to further enhance GreenVal and offer it to its business customers, such as lenders, brokers and estate agents, in the PortfolioAudit tool.

The AVM will also be offered to Propflo’s business customers, such as mortgage lenders, to help them more cost effectively understand the risks and opportunities in their portfolios. Chimnie’s AVM has been tested against popular models in the market, with valuations typically landing within 5% of alternative providers, delivered at a fraction of the cost.

Tomás Arribas, CTO at Chimnie: "We have over 300,000 visits per month checking their property so adding the GreenVal tool to our property profiles seemed an easy choice to make to add value to homeowners. I’m also really excited for our automated valuation models to be used by Propflo to give homeowners and their businesses more detailed reports on their portfolios in terms of energy efficiency. It’s a really great partnership and an example of how growing businesses should work together to grow customer value."

Luke Loveridge, CEO at Propflo: "This is a great partnership full of mutual opportunities. I’ve watched Chimnie grow over the years and they’ve created a really awesome data platform for property research. We can add value to their platform and visitors by bringing specialist tools for energy efficiency such as GreenVal, and they can augment our platform with cost effective automated valuation models. Really looking forward to working with Jon and the team!"

Read the full press release