Transform your customers home’s efficiency with cashback & expert support
We have a proposition that enables customers, including both owner-occupiers and landlords, to benefit from an enhanced mortgage service. This product includes a complimentary Energy Performance Certificate (EPC Plus) from Vibrant Energy Matters Limited (Vibrant) and access to Vibrant's expert support for implementing energy improvements in the property. Additionally, there is a cashback offer included with the product.
What is EPC Saver?
Our product provides an solution for your customers looking to invest in rental properties or buy a home. We offer a loan option that allows them to borrow up to 75% of the property's value.
What makes this offering special are its unique features. It includes a free energy performance assessment from Vibrant Energy Matters, which includes a custom report on how your customers can boost their property's energy efficiency. Plus, customers get £1,000 back to help fund improvements that can make their property more energy-efficient.
These products go further than the usual checks by providing a thorough inspection of your property, personalized suggestions for energy-saving upgrades, and expert advice on how to carry out these changes. This helps make their home more energy-efficient, increasing its value and lowering their energy bills in the long run.
Working in partnership with Vibrant Energy
What steps are included in the bespoke report to maximise a property's EPC rating?
- A detailed assessment of the property's current energy performance
- Tailored recommendations for energy improvements specific to the property
- A suggested maximum EPC rating achievable for the property
- Estimated costs for recommended improvements
- Guidance on the most cost-effective improvements to prioritise
- Long-term strategies for ongoing energy efficiency enhancements
Are there any eligibility criteria for claiming the £1,000 cashback?
- The cashback is available for both buy-to-let and residential mortgages using the EPC Saver product.
- The property must be over 10 years old. The EPC Plus service is unavailable for properties constructed within the last 10 years, as these already have a valid Standard Assessment Procedure (SAP) EPC.
- Borrowers must complete a mortgage with Foundation using an EPC Saver product.
- The free EPC inspection and subsequent cashback can be claimed up to three months after mortgage completion.
How does the property evaluation in the EPC+ Service differ from a standard EPC?
- Beyond the standard EPC rating, the EPC+ Service offers a detailed report with valuable insights into the property's full potential for energy efficiency.
- The report suggests a maximum achievable EPC rating for the property and outlines specific steps.
- The report offers personalised advice on enhancing insulation, upgrading heating systems, and incorporating renewable energy solutions.
- Property owners can choose to use Vibrant's services for improvements or opt to carry out the works through their own contractors.
How does my client access it?
On completion of the mortgage, the customer will be supplied with a link to Vibrant’s microsite and online form on which to request their free EPC Plus to start the process. The offer will be available to the customer for a period of 3 months from the date of completion of the mortgage with Foundation. Customers who do not have internet access can grant access to a 3rd party or mortgage intermediary to complete this online form page on their behalf.