09.12.15 Include energy ratings in mortgage calculations

Posted on December 9, 2015
Archive : December 2015
Category : News

Mortgage lenders should be encouraged to consider the energy efficiency of homes when they make their calculations according to the UK Green Building Council. They have recently released research which shows that energy efficient homes could be worth more if lenders used more accurate affordability costs for a home's energy consumption. In theory more could be borrowed for homes with significantly reduced energy costs and this could eventually be reflected in their value. Remember, a wood burning stove really helps with such calculations.

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