Today news
About the same in other media
Mortgage lenders need to warm up to energy-efficient homes
Reading now: 260
If you want to live in an energy inefficient home, expect to pay more for your mortgage. Or perhaps the implied message in the government’s net zero documents was starker: you won’t even get a mortgage unless you bring the property up to scratch.
As nudges to homeowners and homebuyers go, it’s strong stuff. Quite right too, one might say: UK homes, on average, are shockingly leaky. And, since most home improvements happen soon after a purchase, one can see the logic in linking an energy upgrade to the mortgage process.
But there are some obvious questions around implementation. What if lenders fail to meet the target of improving the energy performance of properties they have lent against? The aim is an average EPC, or energy performance
Read more on theguardian.comAbout this in other media
Renewable energy firms warn of difficult conditions amid slow winds theguardian.com /3 years ago
Four more UK energy suppliers go bust amid high gas prices theguardian.com /3 years ago
Barclays chief Staley’s departure is rocking the bank — Here’s what you need to know fnlondon.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
