Welsh scheme will factor in domestics energy efficiency into lenders’ affordability calculationsBorrowers will be able to win out a bigger mortgage when buying greener properties for the first time,under a pioneering scheme to encourage energy efficiency.
Research has found that factoring in the efficiency of a domestic into lenders’ affordability calculations could allow them to increase loans by £11500 because buyers’ electricity and gas bills will be lower. Related: UK buyers need more help to find cheaper mortgage deals, says FCA Continue reading...
Source: theguardian.com