New retrofit tool for homeowners

Digital mortgage broker, Habito, has joined forced with AI-drive proptech, Propflo, to support homeowners in making their properties more energy-efficient and environmentally friendly.

The partnership will introduce GreenVal to existing Habito customers, a ground-breaking tool in the mortgage intermediary sector.

The solution provides a cutting-edge business case that outlines in detail all the benefits and costs associated with making a property more energy efficient.

Features include a resilience rating that factors in thermal comfort, air quality, and financial stability, direct quotes leading accredited national suppliers and low-cost and do-it-yourself improvement opportunities, available for direct purchase.

Intermediaries play a trusted role in advising homeowners and are forecast to be responsible for 90% of mortgage distribution by 2024, up from 84% in 2022.

Habito will be the first major mortgage intermediary to use such a tool and will be working with Propflo and lenders to get homeowners the most suitable finance options.

William Rhind, VP Mortgage Advice and Growth at Habito, said: “We know that rising mortgage costs and energy bills are having a real impact on people’s lives, and this partnership will enable us to help our customers to potentially reduce both.”