Green mortgage
The real estate market isn't an exception and has also wanted to join this initiative by creating green mortgages, a type of mortgage with the main goal of the purchase of energy efficient homes. This initiative stems from the European Union's concern about high CO2 emissions to households.
Advantages of a green mortgage:
- To get a lower interest rate.
- To get an energy efficient home, which translates into energy savings.
- And last but not least, collaboration with the environmental cure.
How can you get this type of mortgage?
The green mortgage is directly linked to the energy efficiency certificate; therefore, as a first step we need the best possible mark on this certification. The most suitable notes are A or B, but we also have the option of improving the energy consumption of a lower letter by 30%. In the event that we are below the C, this mortgage will not bring us any benefit, since it may have worse conditions to current mortgages. Lastly, you will have to look for the banking entities that offer green mortgages.
What do you think of this initiative?
