Specialist buy-to-let mortgage lender Hodge has partnered with PropTech startup Propflo. Together, they are championing a greener future by encouraging borrowers to enhance the energy efficiency of their properties.

Hodge and Propflo are setting a new standard in the property market with their collaborative effort. This initiative aims to guide customers towards making their homes more energy-efficient and environmentally friendly. The collaboration introduces an innovative tool called GreenVal, developed by Propflo, to spearhead this eco-friendly transformation.

Introducing GreenVal

GreenVal is not just another property tool; it’s a comprehensive platform designed to aid in retrofitting homes with energy-efficient solutions. By considering various factors like location, property type, and budget, GreenVal offers tailored improvement options. This tool is pivotal for those looking to reduce their carbon footprint while also potentially lowering energy bills.

Key Features of GreenVal:

• Tailored Improvement Options: Depending on the property’s characteristics, GreenVal provides a range of retrofitting solutions.
• Cost and Benefit Analysis: Users can explore both the immediate and long-term costs and benefits of making their homes more energy-efficient.
• Quotes from Trusted Suppliers: GreenVal connects borrowers with quotes from accredited suppliers on a national and local level.
• DIY Opportunities: For those who prefer a hands-on approach, the platform highlights low-cost and DIY improvements that homeowners can implement themselves.
• Wellbeing Insights: The tool also evaluates how enhancements like better thermal comfort and air quality can boost personal wellbeing and financial stability.

Seamless Access Through Intermediaries

Hodge ensures that accessing GreenVal is as straightforward as possible. All new Hodge customers, whether they are making a new purchase or remortgaging, can access this tool through intermediaries. This approach not only simplifies the process but also integrates energy efficiency into the standard mortgage advisory service.

A Solution That Stands Out

Amanda Davies, Proposition and Insight Manager at Hodge, expressed enthusiasm about GreenVal’s introduction, “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.”