Hodge launches ‘one-stop-shop’ for energy efficiency

Published on

Specialist lender Hodge has teamed up with Propflo with the aim of helping customers make their properties more energy-efficient and environmentally friendly.

Propflo’s data-backed property platform ‘GreenVal’ has been designed to take the complexity out of retrofitting. Taking into account different property locations, types and budgets, the platform provides an online view of improvement options a homeowner can select to achieve a more energy-efficient home.

GreenVal will be available to all new purchase and remortgage Hodge customers via intermediaries, offering a one-stop-shop where homeowners 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
  • 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, said: “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.”

Luke Loveridge, Founder and CEO at Propflo, added: “I was very impressed by Hodge’s drive and ambition to tackle the challenge of decarbonisation and energy-efficiency.

“Hodge now joins a growing number of lenders and brokers using our technology to help them to focus on what they excel at – providing innovative products to help people protect their most valuable financial assets – while offering support to their intermediaries, mitigating risk and realising opportunities around the complex retrofit process.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Beyond the walk: Mortgage Leaders talk mental health – part 4

The Mortgage Industry Mental Health Charter (MIMHC) is hosting its third annual 144-mile Walk...

AI-driven vulnerability claims ‘create new fraud risk’ for financial services

Financial services firms face a growing risk from AI-generated customer vulnerability claims being used...

Richtmove: Now it’s cheaper to rent than buy!

Rising mortgage rates have pushed average monthly repayments above rents for the first time...

UK Mortgage Centre rebrands as expansion moves beyond Warrington

UK Mortgage Centre has unveiled a new brand identity as the independent mortgage broker...

Family Building Society cuts minimum property value to £75k

Family Building Society has lowered its minimum property value from £120,000 to £75,000 across...

Latest publication

Other news

Beyond the walk: Mortgage Leaders talk mental health – part 4

The Mortgage Industry Mental Health Charter (MIMHC) is hosting its third annual 144-mile Walk...

AI-driven vulnerability claims ‘create new fraud risk’ for financial services

Financial services firms face a growing risk from AI-generated customer vulnerability claims being used...

Richtmove: Now it’s cheaper to rent than buy!

Rising mortgage rates have pushed average monthly repayments above rents for the first time...