Pure Retirement will offer the option of a free energy performance certificate (EPC) to new customers who have chosen a traditional life loan.
The initiative will see the survey proposed at the end, which will be carried out by Vibrant Energy Matters.
Clients will then receive an EPC, detailing their property’s current energy efficiency rating, including potential efficiency levels once changes are made, details of where these efficiencies can be found and suggested work.
Pure Retirement says the latest consumer offer comes at a time when home improvements have been named as the top reason for fund requests among capital release consumers, and all this amid the recent rise in the cost of the energy.
While more living space naturally remains a priority for most, four out of five people see energy efficiency as increasingly important.
However, only one in three are looking to improve the energy efficiency of their home and 15 million properties in England and Wales need changes to receive an EPC rating of C.
Brendan Gilligan, Product Manager at Pure Retirement, says: “As consumers become increasingly aware of their home’s energy efficiency, for many it’s hard to know where to start or establish the likely costs. of a change.
“Energy upgrades are great for the environment, but also have the potential to lower utility bills and increase property value. So, offering a free EPC to our customers at the end is our way of starting this journey for our customers, adding further value to our product and service offering.