Pepper Money has launched an initiative to help its buy-to-let borrowers understand the energy efficiency of their properties and how it can be improved.
This move is part of the lender’s commitment to Environmental, Social, and Governance (ESG) standards.
Pepper will offer buy-to-let mortgage holders who borrow in their name to claim a free energy efficiency survey, EPC certificate and tailored action plan.
Current proposals suggest landlords need to improve the energy efficiency of properties in their portfolios. They have until 2025 to bring new rentals up to an EPC rating of at least C, and until 2028 for existing properties.
The lender launched a similar initiative for owner occupiers in February, which saw hundreds of free EPC certificates being claimed.
In January, Pepper also widened its criteria to remove restrictions on properties with solar panels.
Laurence Morey (pictured), CEO at Pepper Money, said: “At Pepper Money, we understand the societal role that we must play as a lender.
“In the coming years, buy-to-let landlords will have a responsibility to ensure that their properties meet a minimum EPC rating of C and we are really pleased to be able to launch this initiative that offers them some help in achieving that.”
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS
