CAN YOU SAVE MONEY WITH A ‘GREEN’ MORTGAGE – WHICH?

New 0% deal for green home improvements but bigger green home loans can be pricey.

Green mortgages are a rapidly evolving concept designed to reward borrowers living in energy-efficient homes – but the deals aren’t always appealing.

As a result, efforts to increase their uptake by offering ‘meaningful’ incentives are being made. This week, Nationwide is launching a 0% interest loan for borrowers wanting to make sustainable changes to their home.

However, Which? analysis of green mortgages for bigger home loans show rates are currently the same or pricier than standard deals.

Here, we explain how green mortgages work, what’s being done to increase their uptake, and compare the rates on offer.

Read more: https://bit.ly/3INZEbU

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