The government is to push “green mortgages” to fund the installation of green products including solar panels, wind turbines and other energy saving measures.
People will be able to take out low interest loans to pay for double glazing, ground source heat pumps which take heat from the ground and cavity wall insulation.
Incentives like lower council tax for a period of time are being suggested.
Homeowners who refuse to take part in the scheme might face higher council tax rates and higher stamp rates when they come to sell. |