Crystal Specialist Finance has announced a strategic partnership with Propflo, aimed at facilitating green home improvements across the UK.
- Through this collaboration, a one-stop-shop for landlords and brokers will be established to enhance property energy efficiency.
- Propflo’s innovative ‘GreenVal’ tool will be integrated into the Crystal Specialist Finance workflow, enhancing support during property upgrades.
- The UK Government’s pledge to enforce energy efficiency standards is a driving force behind this initiative, preparing landlords for impending regulations.
- The partnership promises to streamline the process of complying with the UK’s energy standards, potentially impacting thousands of properties monthly.
Crystal Specialist Finance has embarked on a noteworthy collaboration with Propflo, targeting the enhancement of energy efficiency in UK homes. The initiative aims to create a comprehensive platform that offers a ‘one-stop-shop’ experience for landlords and brokers focusing on green improvements, making it easier for these stakeholders to navigate the complexities of property upgrades.
Central to this partnership is the integration of Propflo’s ‘GreenVal’ tool into the Crystal Specialist Finance system. This tool provides an advanced way to assist landlords and brokers throughout their property enhancement journey, offering detailed insights and guidance to facilitate seamless improvements.
A significant backdrop to this collaboration is the UK Government’s commitment to reintroduce minimum energy efficiency standards by 2030, seeking to raise property energy ratings to at least a ‘C’. The previous proposals included a ceiling of £10,000 on costs incurred by landlords for energy upgrades, highlighting the financial considerations landlords face.
Mark Hutchings from Crystal Specialist Finance remarked, ‘MEES is another challenge for landlords and we want to make sure they are supported to comply with these new standards with ease.’ The collaboration provides brokers with essential support to add value without additional time burdens during the mortgage process.
Propflo’s CEO, Luke Loveridge, noted the timely preparation the tool enables for landlords, stating that these regulations are unavoidable and preparedness is key. Tools like Propflo’s offer a functional advantage, aligning with the interests of all parties involved while addressing forthcoming legislative demands.
The partnership between Crystal Specialist Finance and Propflo sets a precedent for future collaborations, potentially transforming the approach to energy efficiency in housing across the UK.
