Leeds Building Society has unveiled a new digital tool to assist its members in better managing their home energy consumption, thereby lowering both costs and environmental impact.
The tool has been created in partnership with the Energy Saving Trust and aims to offer actionable advice for increasing the Energy Performance Certificate (EPC) ratings of residential properties.
Leeds Building Society has been a pioneer in incorporating energy efficiency into its loan affordability assessments. This approach benefits mortgage applicants looking for greener homes, enabling them to potentially unlock better loan terms based on projected lower energy expenses.
The announcement comes at a critical time for landlords, as they grapple with stricter government mandates on energy performance. The online tool is set to provide landlords with useful guidance to enhance the energy efficiency of their properties, helping them to meet the new regulatory criteria.
Richard Rothwell, commercial development manager at Leeds Building Society, said: “At Leeds Building Society, we are committed to making a positive impact on the environment. Working in partnership with the Energy Savings Trust, we are proud to launch this new tool which will empower our members, providing them with the knowledge and resources to improve their home’s EPC rating.”
“We hope that this tool will improve the EPC ratings across the UK’s housing stock, meaning that those looking to get onto, or move up, the property ladder can unlock better affordability and get the home they want,” Rothwell added.
To utilise the online tool, users will need to enter details such as their postcode, the year their home was built, the number of occupants, among other factors. Based on this information, the tool will produce customised advice, offering practical tips on how to reduce energy costs while contributing to environmental conservation.
For more information visit Home Energy Saving Tool | Home Page (leedsbuildingsociety.co.uk)
