Green Mortgages | Kellen Homes

If your property is seen to be energy-efficient, a green mortgage may be offered by a bank or building society. Green mortgages are used to encourage homeowners to purchase homes that are more environmentally friendly.

In return for selecting an energy-efficient home, you may receive benefits such as special terms or incentives, a better interest rate, an increased loan amount or even cashback, but this can vary by lender.

Due to their increased energy-efficiency, green mortgages can be offered on new build homes. This means that when you decide to buy new, you could benefit from both preferential terms on your mortgage and savings on your household bills. According to a report produced by the Home Builders Federation, new build homeowners could save over £3,100 a year on energy bills, making green mortgages an attractive option for both financial and environmental reasons.

What can impact my eligibility?

There are a few things that can impact your eligibility for a green mortgage:

Energy-efficiency

Green mortgage providers will view your home more favourably if it has an energy performance certificate (EPC) of ‘A’ or ‘B’. The EPC rating, ranging from A-G, shows how energy-efficient your home is, with ‘A’ being the most energy-efficient. All Kellen homes are rated at least ‘B’.

There are a number of factors that affect how efficient your home is, including insulation, flooring type, the heating and hot water system and double-glazed windows.

Buying new

Buying a new build home can significantly improve your eligibility for a green mortgage. New homes are more environmentally friendly, emitting on average just 1.4 tonnes of carbon a year, compared to the average 3.6 tonnes that older properties emit.

Green Mortgages with Kellen Homes

At Kellen Homes, we build homes with the aim to reduce energy emissions. All of our homes have an EPC of at least ‘B’, which help you save on your energy bills and increase your chances when applying for a green mortgage.

In your new Kellen home, you will find an electric car charging point, energy-efficient appliances and a smart gas central heating system.

If you would like to find out more about out energy-efficient new build homes, get in touch with a member of our team.

How buying a Kellen home could help you to secure a green mortgage

All of our homes have an EPC rating of at least ‘B’, which will help you to save on your energy bills and increase your favourability when applying for a green mortgage.

At Kellen Homes, we will build homes with the aim to reduce energy emissions. In your new Kellen home, you will find an electric car charging point, energy-efficient appliances, and a smart gas central heating system.

If you would like to find out more about our energy-efficient new build homes, get in touch with a member of our team.

What is a green mortgage?

What can impact my eligibility?

How buying a Kellen home could help you to secure a green mortgage

Find your new Kellen home