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NatWest launches home energy hub

NatWest has launched a hub to help UK homeowners make energy efficient changes in their properties.

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NatWest  launches home energy hub

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

With energy bills soaring and concern about climate change growing, 66% of UK homeowners are planning upgrades to the sustainability of their property in the next ten years, according to NatWest research.

The bank's new Home Energy Hub helps homeowners identify and understand specific improvements that could be made to their property. It then helps users understand the likely costs associated with the range of retrofit options and access local expertise and providers that can do the required works.

The bank is also offering the service to the holiday rental market through a partnership with Airbnb.

An affordability calculator lets homeowners get an idea of how much they could borrow through a range of the bank's funding options.

Lloyd Cochrane, head of mortgages, NatWest, says: "From our own research, we know there are barriers to homeowners making energy efficiency improvements to their homes - this Hub is the first step in solving that problem for homeowners by making it faster to understand, commission and pay for the work they might need."

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