We do our best to save on gas and electricity, but our homes are often not yet equipped for lower energy consumption. Energy-saving measures are a considerable investment. This means that your own money is a nice bonus if you want to live in an energy-neutral environment. However, it is not necessary. You can also borrow (part of) the investment. This can be done in various ways and on attractive terms. Also you need to consider if you have a BKR registration, if you do there is a possiblity that you are not allowed to start with geld lenen zonder bkr, check deze website to find all information about it.
In this article we explain how you can finance the taking of energy-saving measures in your home if you don’t have enough money.
The energy transition has priority
The current government believes that making Dutch homes more sustainable has the highest priority. That is why this must be stimulated. For example, the energy tax for gas and electricity has increased. On the other hand, people who opt for energy-saving measures can count on subsidies. The possibilities for financing these measures have also been broadened. These various possibilities are explained below.
Financing energy savings with the mortgage
Most people are unaware of the possibility of making their homes more sustainable by taking out a higher mortgage. This means that this financing option is not very widely used, but it is very effective. That is why we are currently working hard to inform consumers (via the mortgage lenders) of this possibility.
- The low mortgage interest rate in combination with the increased house price, makes it very interesting to finance the energy saving measures with the mortgage. This can be done in different ways:
If your house has a surplus value, you can use it to make the house more sustainable. In this case, it is easy to increase the mortgage or to take out a second mortgage in addition to your current one.
A higher maximum mortgage is only possible with energy-saving measures. After the housing market crisis, it is no longer possible to take out a higher mortgage than the market value of your home. However, there are more flexible rules for energy-saving measures.
The maximum mortgage can now be stretched to 106%.
At some banks you get a discount on the mortgage interest if you buy an energy efficient house. But also if your current home meets the sustainability requirements of the bank. More and more banks are offering these ‘green mortgages’.