Halifax develops green feature with Energy Saving Trust

Halifax has partnered with Energy Saving Trust to develop a Home Energy Savings Tool, which helps customers identify energy-saving improvements they can make to their homes.

The tool, accessible via this link or on the Halifax Intermediaries page, can also be used by brokers to encourage conversation with clients.

Users enter their zip code and select property information such as property type, house construction date, number of bedrooms, roof type, wall type, and heating system.

The tool then generates an estimate of energy bills, which can be modified by the user, then proposes an energy saving action plan.

This includes a property’s current EPC rating, potential EPC rating with suggested upgrades as well as potential annual savings, upgrade costs and the amount of carbon dioxide emissions a homeowner could save.

The lender said that as the UK government had pledged to make the UK carbon neutral by 2050 and housing accounted for 20% of the UK’s total carbon emissions, everyone had a ” role to play in achieving these goals.

Amanda Fenner, head of Halifax Intermediaries and Scottish Widows Bank, said: “With energy prices rising at such a rapid rate, many people will be looking at what improvements they can make to offset the rising costs of keeping their home warm.

“Brokers can now use the Home Energy Savings Tool to give homeowners a personalized picture of the upgrades they can make and which of them will be most profitable.”

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