mainstream mortgage market. Now the big lenders are offering such
mortgages. And these apply to clients buying their home and to
landlords buying buy to let properties.
What Is A Green Mortgage?
Right now, Green Mortgages are all about the
energy efficiency of your home. They are
determined by an Energy Performance
Certificate (EPC). Every new build property and
every home that is being sold must have such a
certificate.
How Does The EPC Work?
It’s a bit like the guide to buying a washing
machine, for example. The home that is being
sold, will be given a rating of between A (most
efficient) to G (least efficient). The certificate is
valid for 10 years. This is determined by
examining loft insulation and efficiency of the
boiler.
What Are The Benefits of the Green Mortgage?
For landlords and home buyers, the benefits can be in
more competitive deals. It is as simple as that. Lenders
are wanting to be seen to encourage a greener home
and rewarding that with better rates and deals.
What Lenders Offer Gree Mortgages?
More and more enders are now offering these,
including the high street brands. Deals are changing constantly, so first things first, get
in touch to discuss your mortgage needs.