As part of the launch, it is offering until 31 July 2007 EPCs at a reduced cost of £50 + VAT for properties up to £500,000 value with higher prices applying above that figure.
EPCs are a compulsory part of Home Information Packs (HIPs), which are now due to be launched 1 August 2007 and necessary for the sale of properties with four or more bedrooms. EPCs provide a summary of the energy performance of the property, in relation to features of construction, heating and hot water. In addition to the rating given on the certificate, tailored, cost-effective measures will be suggested to improve the potential energy efficiency of the property and an idea of the cost savings available if the measures are implemented.
Phil Whitehouse, business opportunities manager at Pink Home Loans, commented: “Pink is delighted to be offering this opportunity to its customers and their clients in conjunction with LMS. This offer will present a valuable opportunity for intermediaries and their customers to know more about the energy efficiency of a particular property and so help them make more informed decisions.”
“Over recent months the market has seen an increase in the number of properties coming onto the market, due to the fact that HIPs were launching on 1 June. In addition, awareness seems to be growing in the industry for all things ‘green’ and larger properties coming onto the market with the certificate will differentiate themselves from the competition.”
Gavin Moore, project manager at LMS, commented: “This is a fantastic opportunity for Pink brokers, enabling them to offer EPCs to their clients at a reduced cost, which will ensure they stand out from the competition.”
