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In this episode, Anna Clare Harper and Vadim Toader discuss Artificial Intelligence as a tool for forecasting house price growth and making better lending decisions.
Vadim is an Entrepreneur First alumnus and Forbes ‘30 under 30’ listed Proptech Founder with a first-class Masters degree from Oxford in Engineering, Economics and Management.
He co-founded the Savills-backed startup and FCA-authorised lender Proportunity, which uses machine learning as a way to predict property price rises and optimise lending decisions. The business was recently voted the ‘UK’s best proptech startup’ by Techworld.
Episode highlights include:
- Pushing the limits of first-time buyer mortgage lending by quantifying and modelling risk and returns, and making decisions driven by data
- How to understand value and forecast future house price growth using AI
- How local drug usage, sexuality and coffee shop menus influence lending decisions
- How the idea for Proportunity arose: from Vadim’s own property search and experience at Europe’s biggest incubator, Entrepreneur First.
- Working out the areas with strongest property price growth prospects in London, in an uncertain market
Resources:
https://proportunity.co/
@Vadim_Toader Twitter
@proportunity_uk Twitter
annaclareharper.com
https://www.linkedin.com/in/annaclareharper/
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