NatWest launches new ECP rating for property-owners

NatWest has introduced Energy Performance Certificate (EPC) rating into its digital mortgage hub.

The new feature will show customers up-to-date information about the EPC rating of their property.

Under UK law, every home must have an EPC when it is built, sold, or rented.

The certificate gives the property an energy efficiency rating from A or 100 (most efficient) to G or 0 (least efficient) and is valid for 10 years.

The move is part of the bank’s aim to have 50 per cent its mortgage book at or above EPC C or equivalent rating of C by 2030.

“We know customers are becoming increasingly conscious of energy efficiency in their home, but also acknowledge there is some way to go in terms of raising awareness," said Lloyd Cochrane, head of mortgages, NatWest. "We have developed this tool to help customers be more aware of their individual situation and we want to support them to take action in improving energy efficiency.

"With the cost of living increasing and more people working from home faced with rising energy bills, more needs to be done in raising awareness of what improving energy efficiency means for individual customers.”

    Share Story:

Recent Stories


New Business Frontiers
FStech’s Mark Evans discusses the future of financial services with Liu Jianning of Huawei, covering the limitations that current thinking can impose, how financial institutions can embrace technology to be both agile and resilient, and making space for the organisation to focus on the job of creating innovative business models and on delivering business value for their customers.

The Future of Intelligent Finance
FStech Group Editor Mark Evans sits down with Jason Cao, President of Global Financial Services Business Unit, Enterprise BG at Huawei ahead of its Intelligent Finance Summit which was held on 3rd and 4th of June in Shanghai. This Q&A delves into key trends in digital transformation of the financial services industry as well as a look at how data, robotic infrastructure, intelligent storage and innovative technologies are shaping the future for FSIs.

Cracking down on fraud
In this webinar a panel of expert speakers explored the ways in which high-volume PSPs and FinTechs are preventing fraud while providing a seamless customer experience.