Leeds Building Society has become the first customer of Hometrack’s new EPC data solution.
Accessing the latest EPC rating for every property in England, Wales & Northern Ireland and providing instant access to the actual EPC certificates, the solution is available as part of Hometrack’s Property Risk Hub. There it can be combined with other property-related data attributes and risk criteria to enable lenders to make an instant decision, enabling a faster time to yes.
With a growing focus on the energy performance of properties as the government pushes ahead to meet its net zero targets, Hometrack believes that energy performance data and automated decisioning will play an important and evolving role for lenders when it comes to origination and valuations in the years to come.
Leeds Building Society chief risk officer Andy Mellor comments: “The partnership will enable us to make better and faster decisions for the customer and demonstrates a recognition of the tangible benefit the most energy efficient homes deliver to the environment and the future of the planet, as well as supporting our responsible business strategy.”