The government’s new Green Homes Grant is part of the Government’s £3 Billion ‘Green Investment’ package which was announced by Rishi Sunak in the 2020 summer statement. The £3 Billion investment is aimed at improving energy efficiency and also to help stimulate the economy post-Covid19 lockdown.

The government initiative will start in September 2020 and will allow homeowners to apply online to receive help from the government in the form of vouchers to pay for as much as ⅔ of the expenditure incurred for work such as double glazing, insulation, the installation of heating systems, draft proofing and the installation of renewable energy.

Vouchers will be available for up to £5,000, with the poorest homes sometimes eligible for vouchers of up to £10,000.

In order to qualify for this help you must first request an assessment from a Green Deal Assessor.

The assessor will consider the following when making his/her assessment;

  • Whether you own or rent the property
  • your home is a listed building, in a conservation area, built before 1900 or constructed in a non-traditional way
  • there are access issues, such as access to your loft
  • you can provide bills showing your recent energy use
  • When the assessor visits

You may be asked:

  • how many people live in your home
  • what type of heating and appliances you use
  • how often you use your heating
  • what energy-saving measures are already installed
  • After the visit

You’ll get a document, called a Green Deal advice report, that contains:

  • an Energy Performance Certificate (EPC) that rates your home for energy efficiency
  • an occupancy assessment that measures how much energy you and other occupiers are using
    improvements your assessor recommends
  • an estimate of the money you could save on your annual energy bills
  • a statement on whether the improvements will pay for themselves through reduced energy costs

A Green Deal advice report is valid for 10 years, or until you make changes or energy saving improvements to the property, for example you build an extension or change the windows.

Recent posts

Deals of week web larger

Here are the lowest fixed mortgage rates of the week, available to first-time buyers, home movers, buy-to-let, and those remortgaging.

Call us for more information: 01628 507477 or email: team@mortgagerequired.com.

Lenders React To Iran War   Web Larger

The UK mortgage market is seeing lenders withdraw deals and hike mortgage rates amid the escalation of conflict in Iran. This isn’t great news for borrowers, with the average rate for a two-year fixed deal sitting above 5%.

Salaries Not Enough For Deposit   Web Larger

Statistics now show that those looking to purchase a property would have to save a deposit bigger than their annual gross pay.

Prices Set To Rise For FTB   Web Larger

Analysis from the Office for Budget Responsibility (OBR) shows that those looking to buy their first home could face a sharp increase if house prices follow the latest predictions, as Coventry Building Society suggests.

Mortgage Cheaper Than Rent   Web Larger

According to Zoopla, four in 10 homes are now cheaper to buy with a mortgage than to rent due to lower-cost mortgages - a sign that ownership is becoming more affordable.

World Sleep Day Tips

14 days ago

World Sleep Day   Web Larger 1

There are many people who struggle with getting a good night’s sleep. Having poor sleep hygiene can be the reason for bad sleep quality in adults. Sleep hygiene refers to habits that can help you sleep better.

Here we have shared some tips to create a healthier sleep.

What You Need To Know Remortgage   Web Larger

If your current fixed rate is due to come to an end within the next six months, you will want to start thinking about the options available to you.

Nationwide Electronic Signature   Web Larger

Nationwide is the first lender to allow mortgage deeds to be signed electronically and without the need for a witness.