Bideford resident Miss E came to Lendology for funding to repair her twelve-year-old windows and doors. She lives in a small house in shared ownership, and knew that keeping her home in good repair would help to keep her energy rating high and her energy bills low.
Like many homeowners struggling with the rising energy costs, she hasn’t noticed a big difference in saving money, but feels at ease knowing that her windows are double-glazed and draught free. She said, “Since having the work done to my property, my home is definitely warmer.” Her old boiler will need replacing in the next five years, and she would be happy to explore new alternative heating technologies with the right support.
Finance acts as the biggest barrier when it comes to upgrading heating systems, but with the average boiler costing £2,000 and an efficient ground source heat pump costing £25,000, incentives such as the Clean Heat Grant only touch the tip of the iceberg.
Miss E is always looking for ways to conserve energy and, with the right support, she would be interested in finding out if retrofit measures are right for her and her home. Her tailored energy loan from Lendology enabled her to make essential repairs – and the flexible scheme offers a perfect solution for homeowners looking to invest in improving their homes without high fees, interest rates, and unaffordable payments.
