Housing data that is quantifiable, accessible and lessens the cost of lending and living for all.
MVP "Launch-Alert” (date TBA Monday 27 May) Three metrics will guide our product roadmap and whether the "Open Finance Ecosystem" we are building for the Banks and their mortgage customers has a net positive impact on the cost of housing, and energy crises (Q-o-Q). 1) Number of Homes quantified (the financial health of our homes digitised); 2) Net reduction in the cost-to-own / run / maintain a home; and 3) Net reduction in the cost of energy bills. For the Banks, a static data approach to products and fragmented retrofitting channels will further fuel the cost of housing crises. It will lead to higher losses on the mortgage book / green loans / household total finance. An Open Data led ecosystem approach, would enable the Banks to shift from "provider of largest debt" to "Home as Experience" based value-add services. In the near-term, personalised one-click energy efficiency upgrades, to households across income levels and community types. #netzero #sustainblefinance #financialinclusion #Openbanking #OpenFinance Department for Business and Trade https://lnkd.in/e2JeJQpt
