Unlocking the Value of Energy-Efficient Homes: Why Retrofitting is a Smart Investment

In today’s environmentally conscious world, there’s a growing interest in energy-efficient homes. Recent data from Rightmove and OVO highlights this trend, showing a surge in demand for properties that are eco-friendly and energy-efficient.

According to Rightmove, a survey by OVO found that 66% of prospective home buyers are actively seeking properties with green features such as solar panels and improved insulation. Furthermore, upgrading a property’s Energy Performance Certificate (EPC) rating from “F” to “C” could increase its value by up to 15%, potentially adding £44,672 to the value of a three-bedroom house.

Despite the fact that most homes listed on Rightmove have low EPC ratings, 83% of homeowners are willing to invest in energy-efficient upgrades, with a quarter willing to spend over £5,000.

Empowering Homeowners to Make Sustainable Investments

At Lendology, we understand the importance of making homes safer, warmer, and more sustainable. We provide loans across the UK, funded by local councils, to help eligible homeowners achieve these goals. Check if your council partners with us here.

Since 2005, we’ve lent over £23 million, with funding from local councils, to improve private sector housing. Our loans cover a range of solutions, including retrofitting for energy efficiency, general home repairs, landlord support, and disability adaptations.

Let’s Make a Greener Future Together

The demand for energy-efficient homes is on the rise, driven by both environmental concerns and financial incentives. By investing in energy efficiency, homeowners can reduce their carbon footprint and increase the value of their properties.

At Lendology, we’re committed to supporting this transition. Whether you’re looking to install solar panels, improve insulation, or make your home more eco-friendly, we’re here to support you with financing options.

For further insights, you can read the original article here.

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.