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Green Mortgages launches one-stop-shop for energy efficiency improvements

Joe Bevan
Authored by Joe Bevan
Posted: Wednesday, July 10, 2024 - 12:41

Green Mortgages has partnered with Bristol proptech firm Propflo to launch a one-stop-shop for green home improvements.

Propflo’s ‘GreenVal’ tool will be featured on Green Mortgages website and throughout the customer nurture journey to take the complexity out of making green home upgrades.

With £250bn investment required to bring UK properties up to standard, and 80,000 homes needing to be retrofitted per month, it is a key priority for the country. However, homeowners lack information and the process is currently disjointed.

Combining Propflo’s platform with the expertise of Green Mortgages is aimed at enabling a more seamless experience between guiding homeowners through the improvement process and financing the works.

GreenVal will enable Green Mortgages customers to:

  • 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.

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 at Propflo, said: "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."

Photo: Erik McLean on Unsplash

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