A recent survey revealed that 9.7 million UK households haven’t made any changes to the way they use energy at home over the past few years.‡
73% of those surveyed were surprised to hear that British homes are responsible for a quarter of the UK’s carbon emissions.‡
It’s hard not to notice that concern for the environment is growing and many of us are looking at ways we can reduce our carbon footprint. That’s why we were inspired to create our green mortgage - the eKo £1,000 Cashback Mortgage.
Whether you’re looking to buy a new home or remortgage your existing one, it’s usually a time when you start to think about what home improvements you want to make. If better energy efficiency is top of your list, now might be the time to ask your adviser about our eKo Cashback Mortgage.
All you have to do is improve the property’s existing energy efficiency rating by 10 Standard Assessment Procedure (SAP) points and send us a new Energy Performance Certificate (EPC) within 12 months of your mortgage completion date. If you’ve made all your mortgage payments on time and in full, we’ll pay you a lump sum of £1,000 into the bank account associated with your direct debit mortgage payments.
We’ll pay you £1,000 cashback when you improve your home’s energy efficiency rating by 10 points.†
SAP points contribute towards a home’s overall EPC which measures the energy efficiency rating on a scale of A to G with A being the most efficient. Most UK homes are in bands D to E and every time you make an improvement to your home that’s energy efficient you increase your SAP points. It could be as simple as changing your light bulbs to LED’s, installing a new boiler or getting loft and/or cavity wall insulation.