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.

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. 

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

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. 

“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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