19 Jul '17, 2pm

Important results from @UKGBC on how to connect mortgages & energy efficiency

The LENDERS project set out to demonstrate that improved analysis of the likely household energy costs could improve mortgage affordability assessments and potentially allow mortgage borrowers to access a larger loan on their home. Funded by Innovate UK, the project looked at data from 40,000 homes and successfully demonstrated and modelled the link between energy efficiency and household fuel bills. The project team has created a new consumer calculator www.epcmortgage.org.uk to demonstrate the cost benefits of fuel efficiency, enabling would-be buyers to see the benefits of energy efficient homes. Richard Twinn, Policy Advisor at UK-GBC, said: "Energy bills are one of the largest costs associated with running a home. But, most homebuyers don't typically consider energy efficiency when they're making decisions about the right property for them. "This new research shows th...

Full article: http://www.ukgbc.org/news/homebuyers-could-borrow-more-be...

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