Under the deal Kamma’s climate property profiles will be applied to all Kensington’s new mortgage loans to provide green credentials and validate data.
Kensington has financed around £490 million green loans to date.
Alex Maddox, capital markets and digital director at Kensington Mortgages (pictured), said: “The UK faces a huge challenge to achieve net zero and energy efficiency goals in the next decade and beyond.
“Kensington has led the charge on green lending, developing a series of solutions that offer tangible benefits to both our customers and our investors.
“As a data and analytics driven lender we’re delighted to be supported with market-leading green data.”
Challenge to BTL
Kamma chief executive, Orla Shields, said there is a huge challenge facing the buy-to-let sector ahead of new energy efficiency rules.
She added: “By accurately qualifying loans as green, compared to ICMA criteria and industry benchmarks, we can deliver transparency to the market, supporting at multiple stages.
“Accurate property data helps create a positive circle that incentivises customer and landlord action through better rates, lender refinancing through more efficient routes and investor rewards through lower risk.”
