Buyers should be given ‘larger mortgages on greener homes’

Homebuyers could get bigger mortgages if the energy efficiency of properties were part of the lending criteria of banks and building societies. That’s according to new government-funded research, which found while 90% of mortgage lenders use cost data from the Office of National Statistics, which include fuel bill data, no known affordability calculation takes direct […]

‘Mortgages could be cheaper for energy efficient homes’

People buying homes that are more energy efficient should be given cheaper mortgage rates. New research claims current estimates of energy costs could be inaccurate by as much as £45,000 for a 25-year mortgage for an efficient home. The difference found in a Victorian property was around £11,500. It could be higher for older buildings and […]