Mortgage Finance Gazette
Halifax Intermediaries is bringing a green mortgage cashback offer to market through intermediaries and direct through the lender.
The new range will launch on Monday 26 July and comes with £250 cashback for those buying homes with an Energy Performance Certificate (EPC) or Predicted Energy Assessment (PEA) rating of A or B.
The deals are available on selected Halifax mortgage products and applicable for first-time buyer, home mover, shared-equity-shared-ownership and new build mortgages.
It is open to those borrowing less than 85% LTV on main residences only.
Halifax intermediaries head Ian Wilson says: “Our new green mortgage cashback offer continues our work to help make Britain’s homes more energy efficient. This addition to our product range demonstrates another way that we are working towards our Group climate ambitions of halving our financed emissions by 2030.”
The EPC rating of the property will be requested as part of the mortgage application, with mortgage advisers and brokers required to verify the appropriate certification. If the EPC rating is A or B, the cashback reward will be applied – customers do not need to do anything additional to benefit.
