If you need any more persuasion to take energy seriously when selecting your home, there’s a possibility in the near future that mortgage providers could be open to lending people more to buy energy efficient properties.
Lenders research, alongside a number of partners including Nationwide and the Halifax, conclusively proved the link between better energy performance and higher disposable income – income that raises the opportunity for a larger loan.
The findings are being taken seriously by the mortgage industry, so it’s definitely something to watch out for in the near future.
There are so many good reasons to make your new or existing property as energy efficient as possible. It really doesn’t have to cost huge amounts of money as there are very cheap and effective ways of keeping your home warmer on those long winter days. If you just take a few measures you will instantly see a reduction in your heating bills and surely this has to be beneficial. Energy providers are already warning us that prices are going to increase significantly this winter.
Are you aware some measures could be installed free if you receive certain benefits?
Loft insulation the most popular easy fix.
Loft insulation works by creating a barrier to the hot air which is rising from the lower levels of your home. We all know that hot air rises and therefore will easily escape through your loft and roof if it is not properly insulated. The air pockets in the insulation trap the heat and stop it escaping into the atmosphere thus keeping the house much warmer. With the correct insulation installed you will find your home will be cooler in the summer and much warmer in the winter.
Can we help?
If you would like advice on how to improve your homes energy efficiency do make contact and one of our advisers will be pleased to assist.