Financing your green future with Lendology's Renewable Energy Loans
February 15 2024
February 15 2024
Are you looking to make the first steps towards a greener, more sustainable home? Lendology offers Renewable Energy Loans that could support your eco-friendly initiatives. Whether you’re considering installing solar panels, heat pumps, or biomass heating systems, our loans could cover the costs.
Renewable retrofit projects are crucial for transitioning to a low-carbon future. With our financing options, the costs of these investments can be spread over time, ensuring accessibility for homeowners.
While grants such as the £7,500 available for heat pumps provide valuable assistance (as of February 2024), they may not cover the entire cost of the works. That’s where our Renewable Energy Loans come in. If you’re looking to top up the grant to fully fund your project, our loan could be the perfect solution.
At Lendology, we believe in empowering individuals to make environmentally responsible choices while ensuring financial sustainability. Our Renewable Energy Loans offer flexible terms, enabling you to pursue your green goals without financial strain.
We’re backed by local councils, using their funds to create a regenerative economy. This unique approach ensures that we are as inclusive as possible when making a lending decision, irrespective of credit scores, age, employment status, or benefit eligibility. Our goal is to bridge the financial gap in renewable energy and create a sustainable future for all.
We recommend that you conduct an independent retrofit assessment to establish whether any works that you may be planning to adapt your property are likely to be suitable for your property and goals.
Representative Example (4% fixed interest rate, Representative 4.2% APR).
Loans are subject to status and are typically protected by a Title Restriction. Borrow £5,000 over 60 months, £92.08 monthly repayments. Total amount repayable = £5,544.96, including £20 fee for registering the Title Restriction against your property at the Land Registry. The £20.00 fee is only payable if a loan is agreed by Lendology and you decide to proceed with a loan. We do not charge interest on the fee. A Title Restriction means that you may not be able to sell your home without our permission unless the loan is fully repaid. Missing payments could affect your credit rating and ability to obtain credit in the future.