L&G Mortgage Club launches hub to support net zero

Legal & General Mortgage Club has launched a green hub to support the mortgage industry as the UK works towards its net zero target.

The hub includes a timeline of key milestones industry professionals need to be aware of, which currently extends to 2035, and covers subtopics such as heat pumps, energy performance certificate (EPC) assessments ) and new build properties.

Additionally, the hub includes webinars on topics ranging from green mortgages to whether the green agenda will impact mortgage affordability.

Resources from Gov.UK, Ofgem, Simple Energy Advice and Energy Saving Trust will also be available.

Resources cover topics such as how to find out a property’s EPC rating, measure a business’ carbon footprint, and calculate available financing for clients looking to introduce eco-friendly home improvements. .

It also includes a glossary of major heat sources, which explains terms such as air source heat pump, biomass boiler and hydrogen ready boiler.

The hub will also feature information on the latest industry developments and share opinion pieces from experts in the wider industry.

Danny Belton, Head of Lender Relations at the Legal & General Mortgage Club, said, “This is a complex and rapidly changing area, so we’re delighted to be bolstering our support for our valuable advisor and lender communities. . The record temperatures seen across the UK in recent weeks underscore the importance of supporting the green agenda. »

“This is an exciting project for us and we look forward to developing it in the years to come as we rapidly approach the deadline of 2050 net zero.”

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