Hinckley & Rugby Building Society has partnered with Digital Buildings Limited to launch Retrogreen, a new retrofit proposition designed to support homeowners to improve the energy efficiency of their homes.

Retrofitting is required on millions of homes across the UK in order for them to reach an energy performance certificate (EPC) rating of C.

Through the partnership, homeowners will be able to receive personalised information based on their property, outlining the specific measures and costs needed to improve its EPC rating.

The Retrogreen service also allows the homeowner to get quotes for the required work from pre-vetted contractors, while there is a post-work evaluation to ensure that the contract has been carried out to the required standards.

The proposition will initially be available exclusively to brokers who are members of the Legal & General Mortgage Club.

As part of the launch, the society has introduced three new mortgage products under the Retrogreen range, designed to support energy efficiency improvements.

The Retrogreen fixed rate is available at 4.69% at up to 80% LTV until 31 January 2030, while the two-year fix is available at 5.35%. Both products are followed by a variable rate of 7.79% with a £999 completion fee.

The Retrogreen two-year discount variable offers a 2.70% discount off the society’s homeowner variable rate, with rates starting at 5.09% variable up to 80% LTV with a £999 completion fee.

Head of sales and distribution at Hinckley & Rugby Building Society, Laura Sneddon, said: "Retrofitting the UK’s housing stock is a huge task, but it’s one that cannot be delayed. We know that there is a clear appetite among homeowners to improve the energy efficiency of their property, but that can only happen with the right support from mortgage lenders. Hinckley & Rugby Building Society is proud to be leading the way through this partnership."

Strategic relationship manager at Legal & General Mortgage Club, Jane Simpson, added: "Mortgage brokers play a crucial role for homeowners, not just in helping them secure the initial funding for a purchase but also any additional borrowing, including for renovations to improve the energy efficiency of their homes.

"Retrofitting is only going to become more important in the years ahead, so it’s terrific to see Hinckley & Rugby coming to market with this innovative proposition. I have no doubt that broker members of Legal & General Mortgage Club will be keen to see how it can help them support their clients’ individual needs."

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