Green Mortgages has partnered with Propflo to provide its ‘GreenVal’ tool to customers to provide information on energy efficiency upgrades.
The tool will be featured on the Green Mortgages website and throughout the customer journey, with the aim of taking the complexity out of making green home upgrades.
£250bn investment is required to bring UK properties up to standard, and 80,000 homes need to be retrofitted per month to meet net zero targets.
GreenVal will enable Green Mortgages customers to view the short and long-term benefits and costs associated with making a property more energy-efficient, allowing them to get quotes for a wide range of home improvements.
In addition, GreenVal will enable clients to explore low-cost and do-it-yourself (DIY) improvement opportunities, as well as gaining insight into the impact a property can have on personal wellbeing, by rating contributing factors such as thermal comfort, air quality, and financial stability.
Michael Kallaras, managing director at Green Mortgages, said: “The green mortgage market has grown from a handful of products to over 60 today, and we know that many lenders are gearing up to launch innovative green finance products over the coming months and years.
“With our expertise being now supported by the Propflo platform we’ll be in a strong position to provide our customers with significant added value.”
Luke Loveridge, founder and CEO of Propflo, added: “Michael and his team at Green Mortgages have been at the forefront of thought leadership and in understanding the huge growth opportunity there is for green finance.
“I’m really pleased that Green Mortgages have prioritised quality and selected our platform to guide their customers through a sometimes complex and confusing process.”
