Green mortgages – what are they and are they right for me?

If energy efficiency is important to you and your family, you may be planning to move to or build a greener home. Whether you’re thinking about buying an eco-friendly new build home, considering the merits of a home with an A or B EPC certificate, or looking to benefit from new products aimed at offering lower interest rates or cashback options to those with energy efficient property, you now have more options than ever before.

“The number of mortgage providers offering green mortgages is now in double figures, which may not sound like a big deal, but more and more are realising that savvy purchasers are looking to capitalise on and benefit from greener property credentials.

The Green Finance Institute notes that The UK Committee on Climate Change estimates around £250 billion needs to be invested in UK home upgrades by 2050, which means there is the potential for significant capital flows in green mortgages in the coming years, giving consumers even more products from which to choose.

Many high street lenders have cottoned on to the increased interest in green mortgages including Barclays, NatWest and Nationwide. There are more coming to the market all the time, so you would be wise to seek out the expertise of a qualified mortgage professional to ensure you find the deal that’s right for you.

Find out more about green mortgages.