Hodge launches innovative one-stop-shop for energy efficiency

Hodge launches innovative one-stop-shop for energy efficiency

Cardiff, 15th April, 2024. Specialist lender Hodge has joined forces with Propflo, an award-winning PropTech startup, 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 a simple, online view of improvement options a homeowner can select to achieve a more energy-efficient home.

The GreenVal retrofit tool

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.

"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.”
"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.”

About Propflo

Propflo is an award winning data-driven AI platform that supports lenders and property businesses to comply with energy efficiency regulations, meet their climate targets, and then support their customers in their wider ownership journey.

Propflo was founded by proptech entrepreneur Luke Loveridge and geospatial and risk data scientist Dr Daniel Moyo. It also has world leading AI expert Mike Tipping as an advisor.

www.propflo.co.uk

www.linkedin.com/company/propflo

Contacts:
Felix Schraff
comms@propflo.co.uk
Press kit

Hodge

Hodge is an independently owned group based in Cardiff, offering a range of personal mortgage products, savings products to private and commercial clients, as well as lending to commercial clients nationwide. 

More than 85,000 customers across the UK trust Hodge to support them because of its years of expertise and knowledge in the markets it serves. Hodge design products with customers in mind, keeping things simple and straightforward. 

The Hodge Foundation, a charity supporting the welfare, medical, academic and educational areas own 79% of Hodge.
More information can be found on the website www.hodgebank.co.uk.

Contacts:
Jess Childs or Kath Chadwick at FD Comms – knock.knock@fdcomms.co.uk

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