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TODAY'S OTHER NEWS

Green Hub launched by Legal & General to support advisers

As the UK works towards its net zero goal by 2050, Legal & General Mortgage Club has launched a Green Hub to support the mortgage industry in navigating the green agenda.

The Hub includes a calendar of key milestones for industry professionals to be aware of, which currently stretches to 2035, and covers subtopics including heat pumps, EPC ratings, and new build properties.

What’s more, The Hub includes webinars on topics ranging from green mortgages to whether the green agenda will impact mortgage affordability, with all webinars available to be watched on demand.

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In addition, The Hub has put together a vast range of useful resources from gov.uk, Ofgem, Simple Energy Advice, and the Energy Saving Trust, with these resources covering topics such as how to find out a property’s EPC rating, measure a firm’s carbon footprint, and calculate the funding available to clients looking to introduce eco-friendly home improvements.

Furthermore, this section includes a Key Heat Sources Glossary, which explains terms such as an air source heat pump, biomass boiler, and hydrogen-ready boiler.

As well as the above, The Hub is aiming to keep users informed of the latest industry developments by sharing regular articles in the Green News & Insights section, including opinion pieces from wider industry experts, such as those from Danske Bank UK, LendInvest and West One Loans.

Danny Belton, Head of Lender Relationships, Legal & General Mortgage Club, said: “This is a complex and rapidly changing area, so we are delighted to further our support for our valued adviser and lender communities. The record temperatures seen across the UK in the last few weeks brings the importance of supporting the green agenda into sharp focus.”

He added: “This is a passionate project for us and we look forward to developing it in the coming years as we quickly approach the 2050 net zero deadline.”

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