Can homeowners get cheaper mortgages if their property is energy efficient?
Homeowners can gain from a cut in their mortgage rate if they use these schemes to make their homes more energy efficient. In 2023 the UK government-backed a pilot of 4.1 million which has been awarded to green finance projects to help homeowners make their homes more energy efficient. The result is new mortgage products that reward energy-efficient upgrades and loans for installing heat pumps.