UK banks are now offering incentives
UK banks are now offering incentives for home owners to install renewable energy Barclays offers a Green Home Mortgage for customers who purchase a property with an energy rating of A or B, or who install renewable energy technologies. The bank also offers a discounted interest rate on the mortgage, as well as cashback incentives for certain installations including heat pumps and solar panels. https://home.barclays/news/press-releases/2022/11/barclays-pilots-greener-home-reward-to-support-energy-efficiency/
The Nationwide Building Society offers a Green Additional Borrowing product for existing mortgage customers who want to make their homes more energy-efficient. Customers can borrow up to £25,000 to finance renewable energy technologies or energy-saving measures. https://www.nationwide.co.uk/mortgages/borrowing-more/green-additional-borrowing/
NatWest offers a Green Mortgage for customers who purchase a new-build property with an energy rating of A or B. The bank offers a discounted interest rate on the mortgage, as well as cashback incentives for certain installations. https://www.natwest.com/mortgages/mortgage-comparison/green-mortgages.html?&extcam=N_PPC_GGL_MTG_GREEN-MORQ42021_0_BP_natwest%20green%20mortgage_Search&gad=1&gclid=EAIaIQobChMIltqu0I_r_gIV5oBQBh2Bcw4AEAAYASAAEgKGXPD_BwE&gclsrc=aw.ds
Ecology Building Society offers mortgages for energy-efficient homes, as well as for properties with renewable energy technologies installed. The society also offers loans for eco-renovations, such as insulation and other energy-saving measures. https://www.ecology.co.uk/mortgages/