Go green and save money!

In these turbulent times, it is nice to report something a little different and with an eye on the future of the planet!

NatWest has just launched a range of green mortgages which reward people who buy energy-efficient homes.

If the property you are buying has an energy efficiency rating of A or B you can get a great deal on two and five-year fixed-rate mortgages.

Rates start at 1.33% and are available for people who need a mortgage from 60 to 85% of the property’s value.

The move follows research by NatWest which found that 70% of its customers were concerned about the climate. The bank hopes to have 50% of its mortgage properties at or above energy performance certificate rating C by 2030.

NatWest isn’t the only lender to be offering green mortgages of course. Barclays Green Home Mortgage also offers a preferential rate to people buying new-build homes with an energy efficiency rating of A or B. Barclays has been in the green mortgage market since 2018.

With mortgage rates edging up again, anything that can shave off the odd half a per cent here and there is great for saving home buyers some cash.

But, like all mortgage products, they do have various terms and conditions attached to them and it is worth discussing them alongside other options before making a decision.

Due to the current restrictions over coronavirus, I’m not doing face to face discussions, but I am happy to do free, no-obligation consultations over the phone on 07767 692 653 at a time to suit you.

Or, if you prefer, you can contact me by email at mgrayshan@googlemail.com and I’ll help you with any mortgage or insurance issues.

For more details on the services I offer please visit www.markgrayshan.co.uk

In the meantime, stay safe.

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