Homeowners & Tenants

There are 4 simple steps to getting a Green Deal Plan:

  1. Assessment – You’ll need to get a Green Deal assessment carried out on your home, by a Green Deal Assessor. They will produce a Green Deal Advice Report recommending energy saving improvements and indicating whether they are expected to pay for themselves through reduced energy bills. Simply make an appointment for a time that suits you best and one of our expert Assessors will visit your property to carry out an energy-efficiency assessment

  2. The Plan – We’ll provide a quote for a Green Deal Plan, setting out the measures you’ve decided to have installed, the repayments and the interest rates that will be charged. If you are happy with the quote, we’ll help you complete the credit application for the Green Deal Plan

  3. Installation – Once your credit application has been accepted, you will receive a Green Deal Plan Document pack which you will need to review, sign and return to us for the application to be finalised.  Once finalised, we will then arrange for one of our accredited Green Deal Installers to fit the energy efficient measures

  4. Repayment – Your Green Deal Plan repayments will automatically be added to your electricity bill allowing you to relax and enjoy the benefits of your energy efficient improvements!

 

 

A Green Deal Plan is a hassle-free, competitive option for a range of people including those who:

  • Have a broken or faulty boiler but cannot afford the up-front costs of replacing it.

  • 62% of all boiler installations are due to broken or faulty boilers

  • 49% of UK households have little or no savings and would be unable to purchase a new boiler should their current boiler break down

  • A further 11% of households would struggle to afford a new boiler on the basis of their current savings

  • In total, 60% of all households could require financing to enable installation of a new boiler

  • Given the low disposable income of these households, the ability to make repayments through the household electricity bill is very appealing

  • Those who want to make improvements to their home by introducing energy efficiency measures

  • Of the estimated 22.8 million households in England, 14.3 million or 63% were owner occupiers with only 24% of these households having an EPC rating of A-C (2015/ 2016 English Housing Survey report)

  • Outright home owners have lived in their current home for longer than mortgagors (24.4 years compared with 10.2 years)

  • Given the lengthy tenure and low EPC ratings (on 76% of all such households), these owner occupier households provide an opportunity to market the attractiveness of the Green Deal Plan proposition where multiple measures can be financed across a longer repayment term

  • Anyone with a requirement to improve their energy EPC rating.

  • From the 1st April 2018, there will be a requirement for any properties rented out in the private rented sector to normally have a minimum energy performance rating of E on an Energy Performance Certificate (EPC)

  • The regulations will come into force for new lets and renewals of tenancies with effect from 1st April 2018 and for all existing tenancies on 1st April 2020

  • It will be unlawful to rent a property which breaches the requirement for a minimum E rating, unless there is an applicable exemption

  • A civil penalty of up to £4,000 will be imposed for breaches

  • Through a Green Deal Plan, landlords have the ability to update their properties with minimal financial outlay as tenants help to fund the purchase (with prior consent from the tenants)

  • Under a Green Deal Plan, tenants make the repayments via the electricity bill. Tenants are no worse off financially because of the Golden Rule and they get to live in a nicer, warmer, more energy efficient property