Discover the benefits of a green mortgage
Did you know that our energy-efficient homes could mean you’re eligible for a green mortgage. This could mean you’re offered a preferential interest rate, an increased loan amount or cashback from your mortgage lender.
What is a green mortgage and what are the benefits?
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A growing number of mainstream lenders are now offering green mortgage products, which encourage homeowners to buy energy-efficient homes. This is because they could cost less to run due to reduced energy bills, so you’re in a better financial position to be able to repay their loan.
As an incentive for choosing an energy-efficient home, it means you could be offered either a preferential interest rate, an increased loan amount or cashback.
What homes qualify?
By opting for a green mortgage, they can offer you an incentive for choosing an energy-efficient home.
According to HBF data a brand-new home could be cheaper to run than an older home, meaning you could reduce your running costs,† but it could also mean you’re eligible for a green mortgage too.
