Have your say on improving home energy performance through lenders - Blog

Have your say on improving home energy performance through lenders

Have your say on improving home energy performance through lenders

Industry Comment Paul Offley, The Guild's Compliance Officer 26th November 2020

A new consultation from the Department for Business, Energy & Industrial Strategy wants your opinion on how lenders could help householders improve the energy performance of their homes. 

The government has been engaging with lenders, their engagement organisations, and other financial stakeholders to better understand how the government can encourage lenders to innovate. This consultation sets out a range of proposals that could improve the energy performance of mortgaged properties, and deliver substantial emissions reductions. 

 

The consultation is open to all, but will be of particular interest to:

  • mortgage lenders and brokers, home valuers, estate agents and others involved in the sale of homes
  • those in the energy efficiency supply chain, including installers, domestic energy assessors, accreditation bodies and enforcement bodies
  • homeowners with a mortgage

The consultation covers:

  • proposals to improve awareness of the energy performance of lenders’ portfolios
  • a target-based approach for improving the energy performance of lenders’ portfolios

 

Read more here.

 

The consultation closes on 12th February 2021. 

 

Paul Offley, The Guild's Compliance Officer

Paul Offley joined The Guild in 2017 as our in-house Compliance Officer, to help Members stay on top of legislation. Paul’s career has maintained a focus in estate agency for over 40 years, building a specialist knowledge in the compliance function. Paul helps Members to reduce the probability of any risk materialising by working alongside agents to identify areas where the business is at a high risk of exposure. Guild Members have compliance tools at their disposal and are regularly presented with updated information on the latest legislation requirements. Paul is also on hand to speak to agents individually, delivering quality and high standards to all our Members. Paul has been providing continual support to The Guild Members throughout COVID-19, from legislation and Government updates, to providing indispensable and personalised advice through Facebook Live. He is passionate about raising standards, and is part of The Property Ombudsman Industry Forum and contributes to M

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