Majority of homeowners in favour of lower mortgage costs based on energy performance

67% of all homeowners, or those who want to become homeowners, suggest a lower mortgage rate based on their property’s Energy Performance rating would be an appealing element when looking at product features.

The research, carried out by BVA BDRC on behalf of intermediary-only specialist lender, Foundation Home Loans, interviewed 300 individuals regarding their housing aspirations and circumstances during August last year. A number of questions focused on the energy efficiencies of existing housing stock, what it would take to get homeowners to make improvements, and whether ‘Green mortgages’ might have an appeal for those making such improvements or buying higher-rated properties. To continue reading, please Click Here

Source: Property Reporter

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