There are long-term risk implications for low energy performance properties and the lending industry is beginning to recognise this: Leading lenders are starting to collect data.
The REVALUE project partners have published a fact sheet for lenders, outlining the priorities and providing recommendations:
- Lenders are advised to instruct their valuers to consider EE measures in their due diligence and reporting processes when appropriate and comment on any value implications.
- Lenders should be aware that leading financiers are developing innovative financial products in respect of supporting energy retrofits.
- Lenders are recommended to consider the credit risk of value depreciation of energy inefficient stock and increased regulation regarding energy performance.
