What are green mortgages and how do you get one?
Whilst there is no universal definition of a ‘green mortgage’, they are generally regarded as those through which homeowners receive better mortgage deals for trying to improve the energy efficiency of their home or for the purchase of an already energy efficient property.
Typically you may be considering the retrofit of a renewable energy measure, upgrading your property’s insulation, installing a composting toilet or having a car charging point installed. If so, you will probably need a mortgage to raise cash to help you make your property more energy-efficient, sustainable and cost effective to run. This could be classed as a green mortgage. If you already know how much you want to borrow, please speak to our advisors today and we will be able to provide you with an illustration without obligation.
Alternatively, some lenders will provide you with a green mortgage if you’re buying an energy efficient property.
Whatever you are considering, you should be reassured to know that we are specialists in lending for home renovations, including property extensions, conversions and refurbishments that improve the energy efficiency of a property. We understand that everyone’s different, and that’s why our approach is as individual as you. We can assist with:
- Remortgaging your home to raise cash to complete green home improvements
- Uninhabitable houses, including old/derelict buildings
- Thatched, historic and listed buildings
- Non-standard construction types, such as timber, straw bale, cob and earth shelter
- Barns for conversion
You may wish to help the new green economy and seek to retrofit your home with energy efficient improvements. Technologies and measures you may wish to consider include:
- Solar PV
- Solar Thermal/ Thermodynamics
- Battery Storage
- Ground and Air Source Heat Pumps
- High Efficiency Electric Heating Systems
- Efficient Boilers
- Cavity Wall Insulation
- Loft Insulation
- Room in Roof Insulation
- External Wall Insulation
- LED Lighting Upgrades
Whatever your green mortgage requirements are, for free advice without obligation, contact us today. We'd love to hear from you.
