Written questions

Mortgages: Energy Performance Certificates

Commons · Question 15382 · Tabled 20 Nov 2024 · Department for Energy Security and Net Zero · Official record

Answered 29 Nov 2024

Question

Asked by Andrew Cooper

To ask the Secretary of State for Energy Security and Net Zero, if he will make an assessment of the potential merits of requiring mortgage providers to reflect the EPC rating of properties in their mortgage rate offers to consumers.

Answer

Answered by Miatta Fahnbulleh, 29 Nov 2024

The pricing of mortgages is a commercial decision for lenders. Currently the market provides a range of products such as green mortgages that can offer reduced rates or cashback for borrowers where certain conditions are met. Any borrower seeking one of t...