Countrywide Surveying Services has launched a new decisioning engine, Geoconnect, which is designed to deliver "faster, smarter and more informed" valuation outcomes for lenders, valuers and property professionals.

Geoconnect aims to help lenders make more informed property risk assessments whilst reducing complexity in the database, by bringing together data integration and flexible valuation pathways.

The decisioning engine will determine the most appropriate valuation method for each case, based on an understanding of property attributes and associated risks.

This would improve both the speed and accuracy of the valuation process, while supporting cost control and better risk management for lenders.

The engine will also connect a range of internal and external data sources via API, drawing in insights that help identify non-standard property types, high-rise risks, energy performance issues and climate-related risks.

Managing director at Countrywide Surveying Services, Matthew Cumber, said: "Geoconnect is a natural evolution in undertaking mortgage valuations. It introduces practical tools and smart data into a process that now faces greater levels of risk, regulation and complexity. This is about delivering better outcomes for lenders, clients and the wider market.

"As environmental and economic pressures continue to shape the housing landscape, Geoconnect offers a forward-looking solution that supports accurate, efficient and reliable valuations. It reflects our ongoing commitment to innovation, underpinned by deep professional expertise and built for real-world use."

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