Molo Finance, the digital mortgage lender, has partnered with Propflo to offer an end-to-end solution for landlords seeking to undertake energy efficiency upgrades.
Following a successful trial during the summer, which saw an increase in average engagement rates, Molo will introduce Propflo’s tool GreenVal.
The tool was designed to help landlords become compliant with Energy Efficiency Standards and offers a range of options and recommendations for compliance, as well as direct quotes from national suppliers.
The tool was integrated with Propflo’s HomeHub, where customers can manage quotes and improvement works, store key property documents, set reminders like gas safety servicing and use smart home technology to monitor real-time energy efficiency and risks.
Propflo launched the retrofit GreenVal tool in anticipation of the impending Minimum Energy Efficiency Standards (MEES) that will require private rented properties to achieve a minimum energy rating of C by 2028. The standards are expected to be confirmed this year.
The tool will be sent to existing customers and accessible via Molo’s website.
Francesca Carlesi (pictured), CEO and co-founder at Molo, said: “Landlords want convenience, whether it’s managing their property or applying for finance.
“Our priority is to ensure they are well-prepared and proactive, and Propflo’s GreenVal tool offers high value for our customers who want to make their homes greener.
“This partnership is a reflection of Molo’s core values, offering speed, convenience and a fully digital solution.”
Luke Loveridge, founder and CEO at Propflo, added: “Francesca and the whole Molo team have been fantastic to work with.
“They really care about providing innovative solutions to better understand their portfolio and to add value for their customers.
“We have one of the most advanced end-to-end solutions and we’ve seen great engagement with retrofit during the pilot.
“We are thrilled to extend this solution to more of Molo’s existing and prospective customers.”
