Barclays mortgage borrowers offered discounted energy-efficiency check

Barclays has prolonged its partnership with British Gasoline to assist its mortgage debtors enhance the vitality effectivity of their houses with a personalised plan of retrofit actions.

Debtors might be supplied a British Gasoline House Well being Verify for a reduced worth, together with a free EPC to assist enhance their house’s vitality effectivity.

The deal follows analysis by the financial institution that discovered that, whereas 70% of householders would love their houses to be extra vitality environment friendly, 35% mentioned they had been dissuaded from making energy-efficient enhancements as a result of they didn’t perceive which upgrades had been proper for his or her property.

In the meantime, simply over 30% of householders mentioned they didn’t have an up-to-date EPC, and practically half mentioned they might profit from personalised suggestions to make their house extra vitality environment friendly.

Barclays debtors can get a House Well being Verify for £50 as a substitute of the usual worth of £99 and obtain the EPC without cost as a substitute of paying £20.

‘Personalised suggestions’

The House Well being Verify supplies an in-home survey, throughout which an accredited home vitality assessor analyses how vitality is used within the buyer’s house. The assessor then supplies personalised steerage on methods the client may decrease their vitality payments, scale back their vitality consumption and make their houses extra environment friendly. This contains suggestions to make current methods extra environment friendly at low or no value the place attainable, in addition to recommending new options.

The partnership is a part of Barclays’ Greener Houses Technique and builds on the present relationship between Barclays and British Gasoline.

Nick Stace, head of sustainable finance at Barclays UK, mentioned: “Except for the upfront value, one of many main boundaries our clients face when attempting to make their house extra vitality environment friendly is confusion about which of the assorted upgrades are proper for his or her property. By our ongoing partnership with British Gasoline, we need to assist overcome this barrier by offering clients with personalised suggestions for saving cash and probably decreasing their vitality consumption.”

“We additionally need to assist incentivise these adjustments, by schemes such because the Barclays Greener House Reward, which supplies a money reward of as much as £2,000 to UK residential mortgage clients who set up a qualifying house energy-efficiency enchancment.”

Associated: Owners set to obtain higher retrofitting recommendation for draughty, inefficient properties