The 25-year ‘green deal’ loans that could prevent you selling your house

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A flagship policy to help families cut their energy bills is struggling due to fears it could hamper houseowners selling their homes, it was claimed yesterday.

Ministers want millions of people to take out ‘Green Deal’ loans in order to pay for loft insulation, double glazing, boilers and other measures with the aim of cutting a typical family’s energy costs by as much as £50 a month.

The loans would be repaid over a period of up to 25 years, but the debt is attached to the home rather than the family who take it out, which means it is supposed to be passed on to any new buyer.

via The 25-year ‘green deal’ loans that could prevent you selling your house | Mail Online.

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