Nationwide offers £500 cashback on loans for green homes dailymail.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymail.co.uk Daily Mail and Mail on Sunday newspapers.
Nationwide launches cashback offer for energy efficient homes
By Gary Adams 26
th April 2021 10:30 am
Nationwide will now give a ‘green reward’ in the form of cashback for people buying energy efficient property.
Specifically, borrowers who secure a house with an Energy Performance Certificate (EPC) rating of A or a Standard Assessment Procedure (SAP) of 92 or above with receive £500 and, for properties at EPC B or SAP 86, £250.
This cashback comes in addition to any existing cashback offer on a mortgage.
The lender adds that it the reward is given for any house, flat or new build that meets the energy criteria.
Three in five landlords are interested in a green mortgage - so why are only four lenders offering them?
Landlords are interested in going green, with 62% saying they would be interested in a mortgage which gave them perks for being energy efficient
Government proposals could force them to improve their EPC ratings by 2028
Only four lenders appear to be offering green mortgages to landlords
Two of these only offer further advance products - not purchase or remortgage
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