We could all do more to help the planet, and our properties have a huge impact on climate change. According to the government's latest greenhouse emissions study, 15% of carbon emissions comes from homes. The right improvements can make a big difference, and you or your tenant could save money on energy bills.
Making your property greener
Government Green Homes Grant
The government is providing vouchers worth up to £5,000 to help cover up to two thirds of the cost of making energy efficient improvements to your property. The voucher is available in England only.
To apply for the voucher, you must provide proof that you have met a minimum Energy Performance Certificate (EPC) rating of E, or proof of an exemption.
Act fast though, you have to redeem your voucher and complete the home improvements by 31 March 2021.
Borrow more on your mortgage
If you already have a buy to let mortgage with The Mortgage Works and want to make energy efficient home improvements, you could borrow up to 80% of the value of your property (including your current mortgage), with or without the help of the Government Green Homes Grant.
What we are doing to go greener
As the buy to let lender of Nationwide, we’ve collectively taken steps to ensure we’re going greener.
- We use 100% renewable electricity and don’t send any waste to landfill
- We are carbon neutral. This includes all energy use and emissions for our internal operations and fleet vehicles
- Nationwide is a member of the Green Finance Institute’s Coalition for the Energy Efficiency of Buildings. Working to promote the benefits of energy efficient buildings.
More resources for going green
- Home energy advice – from the Centre for Sustainable Energy
- Energy saving quick wins – from the Energy Saving Trust
- What can I learn from my EPC? (Energy Performance Certificate) – Simple Energy Advice website
- What is climate change? - the Committee on Climate Change website
- Carbon footprint calculator - find out what your impact is using the WWF footprint calculator
- Find financial assistance for energy efficient homes in England and Wales - from Simple Energy Advice
- Find financial assistance for energy efficient homes in Scotland - from Home Energy Scotland
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