Buy to Let mortgage lender urges borrowers to improve energy efficiency

Buy to Let mortgage lender urges borrowers to improve energy efficiency


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Specialist investment lender Hodge has joined forces with Propflo, a PropTech startup, to urge customers to make their properties more energy-efficient and environmentally friendly.

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Propflo’s property platform GreenVal has been designed to assist with retrofitting. Taking into account different property locations, types and budgets, the platform provides improvement options to achieve a more energy-efficient home. 

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GreenVal will be available to all new purchase and remortgage Hodge customers via intermediaries.

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Borrowers can view the short and long term benefits and costs associated with making a property more energy-efficient; get quotes for a wide range of home improvements, from accredited local and national suppliers; explore low-cost and do-it-yourself improvement opportunities, available for direct purchase; and gain insight into the impact a property can have on personal wellbeing, by rating contributing factors such as thermal comfort, air quality, and financial stability.

Amanda Davies, Proposition and Insight Manager at Hodge, says: “Having searched the market for ways to help our intermediaries engage their customers in energy-efficient solutions, we found many tools either had highly variable data quality, involved too many steps or required too much input from customers. 

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“When we saw the customer journey and capabilities of Propflo’s GreenVal tool, we were really impressed and are hugely excited to be launching it with our intermediary partners.”

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