UKValuation Rebrands to become CoreLogic Solutions Ltd

Published 26th July 2010

The company behind the UK’s first Automated Valuation Model (AVM), UKValuation, has today announced that it is to rebrand to become CoreLogic Solutions Ltd. The rebrand has been attributed to a desire to strengthen the company’s position within the mortgage data solutions industry, whilst better conveying its full market offering and aligning itself more closely with global parent company CoreLogic.
The change of name to CoreLogic Solutions Ltd will position the existing UK business as part of an instantly recognisable global brand, which is proud of its position as the largest AVM provider in the world. The group has an annual turnover of $2bn, employs over 10,000 members of staff and provides data solution services to over 40,000 clients worldwide.
Commenting on the reasons behind the rebrand, James Neave, managing director of CoreLogic Solutions Ltd, said: “It’s a big decision to totally rebrand the company, but the UKValuation name just doesn’t represent the scale or comprehensive offering of our business. We are an important national territory, part of the global CoreLogic group, which employs over 10,000 people and holds the largest property database in the world. Being able to draw from this very deep pool of knowledge and data from across the world gives us an advantageous and unique position in the UK market, and we feel our new identity will better convey this to existing and new clients.”
With new product streams in the final stages of development and already being trialled by major UK mortgage lenders, CoreLogic Solutions Ltd cites the rebrand as the essential foundations needed to ensure continued growth and market dominance.
James adds: “It’s a very exciting time for CoreLogic Solutions. We’re very proud of the enhancements being made to current products and services, and will be announcing our progress with these initiatives shortly. The developments will enable our lenders to manage their mortgage application process more efficiently, whilst dramatically reducing the risk of fraudulent applications slipping through the current gaps in the net.
“Having taken on additional expert consultants to help manage the surge in client demand, I’m confident that CoreLogic Solutions Ltd will quickly become the name in enabling technology for the sector.”
In recognition of the rebrand and the expansion of the product range, CoreLogic Solutions Ltd has also moved to prestigious new offices. The change of location and upgrade in facilities will provide multiple benefits. Not only will it future-proof the UK operation for growth, it will also ensure that IT security standards remain at the leading edge of technological advances.

About CoreLogic Solutions Ltd:
CoreLogic Solutions is the wholly owned UK subsidiary of CoreLogic (NYSE: CLGX) - a specialist in consumer, financial and property information services to business and government. In the UK CoreLogic is recognised as a leading provider of residential property valuation and mortgage application fraud solutions to a wide range of business sectors including secured lending, capital markets, property surveying, financial planning and debt management. Previously trading as UKValuation, the pioneering developer of AVMs for the UK, CoreLogic Solutions now manages a growing database of more than 30 million property records and a client list that includes the majority of the UK’s top 10 lenders. For more information on our UK solutions please visit www.corelogicsolutions.co.uk