Nationwide is expanding access to its interest-free green loans, allowing more mortgage customers to carry out energy-efficient home improvements. Mary-Lou Press, President of NAEA Propertymark, welcomes the initiative but highlights that wider availability and collaboration across government, lenders, and the property sector will be essential to make retrofit a mainstream reality.
Mary-Lou Press, President of NAEA Propertymark (National Association of Estate Agents), comments:
“Initiatives like this that support retrofitting not only help homeowners reduce their energy bills and carbon emissions, but also play a crucial role in improving the overall sustainability of the UK’s ageing housing stock.
However, while this pilot is a positive step, broader and more accessible green financing solutions are needed across the market so that more property owners can benefit. To truly unlock retrofit opportunities at scale, Governments across the UK, lenders, and the property industry must work together to ensure that support, supply-chain capacity and consumer awareness keep pace with net-zero ambitions.”
