In January, London’s Brunel Museum played host to Kamma’s first event of 2023: Putting Property on the Pathway to Net Zero. Despite the cold, the historic location inspired a memorable discussion between mortgage lenders and other property professionals.
The focus of the evening was the role of data and partnerships in unlocking Net Zero and green finance opportunities for lenders.
Today’s homes were not built to deal with today’s challenges. In fact, less than 50,000 homes were Net Zero ready in 2020. This comes with a huge cost to homeowners as energy bill costs as energy inefficient homes are, on average, over £5,000 higher than those considered efficient – which has knock on impacts for lenders in terms of mortgage affordability assessments.
A series of speakers and a panel discussion brought together new ideas from across the industry on how these problems could be addressed.
If you missed the event, watch the video below for a few highlights and keep reading for an overview of the panel discussion.
What was covered at the Putting Property on the Pathway to Net Zero event?
The show started with an opening speech from Kamma’s CEO Orla Shields, who laid why action on Net Zero is so critical to the mortgage sector.
This was swiftly followed by Kamma’s Chief Growth Officer, Joe Webb, who shared insight on how to act, referencing Kamma’s latest data and analysis on the UK housing market and energy efficiency.
Alex Maddox, Capital Markets and Digital Director at Kensington Mortgages, followed up as the evenings’ keynote to discuss the Finsbury Square 2021-1 Green Bond – the UK’s first green bond in the UK asset backed securities (ABS) market.
Putting Property on the Pathway to Net Zero was closed by an expert panel discussion, including:
- Hugo Davies, Chief Lending Officer at LendInvest
- Neil Sampson, Chief Product and Innovation Officer at Kamma
- Neil Richardson, ESG Sustainability Director at OSB Group
- Simon Rayner, Analyst at Climate Change Committee
- Mat Ilic, Co-founder and CEO at Greenworkx.
Moderated by Orla Shields, the panel presented ideas and case studies on how to approach the use of data, cooperate between sectors, finance decarbonisation efforts, up-skill the workforce, and create green growth opportunities for mortgage lenders.
