Propflo has secured £860,000 from Innovate UK to continue to develop its “advanced data-driven portfolio approach to net zero and scale its ‘Retrofit-as-a-Service’ solution for lenders, intermediaries and estate agents”.
The funding for Propflo is part of a £5m two-phase programme on Net Sero Heat that will run until March 2025. The focus of the project is to develop Propflo’s portfolio AI insights and link these to its retrofit one-stop shop GreenVal and engagement platform HomeHub.
The aim is for lenders, brokers and estate agents to have all retrofit resources and support in one place, so the process can be streamlined and joined-up.
A key aspect of the project will testing a model for brokers, with Habito the first mortgage broker to launch a retrofit tool, GreenVal. It will be its primary partner testing the end-to-end solutions.
Other partners include Action Net Zero, Propcert, Glow Green and Aico Homelink.
Luke Loveridge, founder and CEO, Propflo, said: “The UK’s £200bn retrofit challenge is a national priority; not only to meet our legally binding carbon targets and reduce energy bills, but to ensure our national energy security, improve health outcomes, and boost affordability in the housing market.
“This collaboration between innovative partners will elevate Propflo’s retrofit solution, making it the most sophisticated option for lenders, brokers, and agents.”
In May, Mortgage Solutions reported that Propflo has been awarded its initial Innovate UK grant to work with lenders to help them adopt a “joined-up portfolio approach to energy efficient retrofitting”.
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
