Company background - Family Mosaic, has worked with Landmark® Analytics to access a range of address matching, data cleansing and property analysis services as part of a data quality verification and improvement programme, for its portfolio of over 24,000 homes.
As a result of the data analysis exercise just under 40 potential illegal sublets were flagged for further investigation, in addition to over 200 potential leaseholder re-sales or sublets where Family Mosaic did not have the data. In addition Landmark® Analytics was able to verify specific property types, the number of bedrooms and bathrooms across the portfolio, potential discrepancies in council ward and local authority data, which the team can now investigate and verify.
Carole Oliver, Business Development Manager, Landmark® Information Group added: “At Landmark®, we are able to closely support Housing Associations with a wide range of business intelligence and asset management services, from analysing addresses, bedroom counts and council tax banding to tracking potential sublets or tenancy frauds. We also provide valuation services that deliver advantages to a housing association’s treasury team. The accuracy and breadth of our property database which is used by HMRC, and in models approved by Fitch Ratings™ and Standard & Poor’s™, supports housing oicials with verifying and maintaining the overall quality of their internal records.”
“With over 24,000 properties in our portfolio and serving more than 45,000 people, we are one of the largest housing providers in London, Essex and the South East. It is vital that the information within our property database is accurate on a number of levels and so we have undertaken this intelligence exercise with Landmark® Analytics, which has a reputation for having one of the UK’s most accurate residential property databases.”
“Our immediate need was to ensure all addresses in our database match the format of Royal Mail’s, however since working with Landmark®, we have been able to analyse a wider range of metrics, such as bedroom count,”. “This is particularly important due to the so-called ‘Bedroom Tax’ as this information needs to be accurate for the benefit of our tenants. All in all, working with Landmark® has saved us a great deal of time and they have been able to provide more intelligence than we were originally expecting at the outset.”