Live EPC offers real-time access to EPC data directly from the official register — which is updated on the platform the moment an EPC assessor submits a new certificate for a property — thus eliminating the need for manual processes to ensure the information is up to date.

The product aims to provide a streamlined and automated approach for lenders to access EPC information, that can be used by finance providers for immediate impact assessment of green lending initiatives, new lending decisions and back book analysis.

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Lorenzo Tejada-Orrell, chief innovation officer at CLSQ,  said: “Environmental sustainability is a key consideration for everyone in the industry, and the EPC of a property offers a vital piece of information in any lending decision or back book analysis, andprovides the backbone for the growing number of green lending initiatives that are being launched by lenders.

“However, prior to the launch of Live EPC, lenders had to rely on data feeds that were potentially three months out of date, or laborious manual processes to ensure they had the information they needed.

“Live EPC changes that — simplifying the process through automation, and this gives lenders a data advantage upon which they can build their asset portfolios for the future.

Hugh Fitzpatrick, chief risk officer at Shawbrook Bank, said: "Integrating CLSQ's Live EPC solution has equipped Shawbrook with valuable real-time data on a property's EPC record, enabling greater efficiency at origination and facilitating downstream product recommendations tailored to our borrowers.”