Lendology is a Social Enterprise Lender committed to supporting the uptake of retrofit measure to our existing housing stock. As a carbon neutral lender, Lendology works in partnership with local council to provide financing schemes for homeowners to spread the cost of improving the energy efficiency of their home or investing in renewable energy measures such as solar PV.
The UK government has set a target of net-zero carbon emissions by 2050, and retrofitting homes is a crucial step towards achieving this goal. However, there are several barriers to retrofitting, including the high upfront costs, a lack of skilled workers, and the complexity of the process. The UK Green Building Council (UKGBC) has identified the need for a clear and comprehensive retrofit policy framework to overcome these challenges and unlock the potential of retrofitting.
Lendology is one of the partners in the UKGBC’s Retrofit Task Group, which aims to break the logjam on home retrofit policy. The task group brings together industry leaders, policymakers, and experts to develop a policy framework that will enable the retrofitting of homes at scale. Lendology’s role in the task group is to provide expertise on financing and investment in retrofit projects.
Emma Lower, CEO of Lendology said: “We are committed to playing a significant role in the retrofitting of homes across the UK. Our experience and expertise in lending and our local council partners are helping to overcome the barriers to retrofitting and encouraging the widespread adoption of energy-efficient technologies. I am really thrilled to be part of informing policy developments in partnerships with UKGBC and other partners, to ultimately help the UK achieve its net-zero carbon emissions target”.