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Houses from above

Hodge partners with Propflo to help homeowners go green

Joe Bevan
Authored by Joe Bevan
Posted: Thursday, April 18, 2024 - 17:00

Specialist lender Hodge has announced a partnership with Bristol proptech firm Propflo to help its customers make their properties more energy-efficient.

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 improvements a homeowner can make to achieve a more energy-efficient home. It will also show cost savings over the short and long term, provide quotes from accredited suppliers, and offer DIY options for homeowners looking to improve their homes.

GreenVal will be available to all new purchase and remortgage Hodge customers via intermediaries, allowing homeowners to compare the costs of improving their home's efficiency, explore low-cost improvement opportunities, and gain insight into the impact of improvements on warmth, wellbeing 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, said: "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.”

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