Borrowers will be able to take 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 home into lenders’ affordability calculations could allow them to increase loans by £11,500 because buyers’ electricity and gas bills will be lower. That theory will become reality from June, when Welsh help-to-buy loans will take into account the energy rating of new-build homes worth up to £300,000. The move is one of several innovations being mooted to overcome householders’ inertia on energy efficiency, alongside tax cuts for greener homes.
Guardian 13th May 2018 read more »