Government introduces the Green Homes Grant to make homes across England more energy efficient
A new Green Homes Grant Government scheme enables homeowners in England to get vouchers worth up to £5000 to make their home more energy efficient.
From the 30th September this year if you are a homeowner or landlord you can apply for a Green Homes Grant voucher towards the cost of making your home more energy efficient.
These improvements could include installing low-carbon heating to lower the amount of carbon dioxide your home produces, insulating your home to reduce your energy usage or replacing single glazing windows with double glazing.
If you are to apply for a Green Homes Grant you must redeem the voucher and ensure that all improvements are completed by 31st March 2021.
The Green Homes Grant vouchers will cover two-thirds of the eligible improvements up to a maximum government contribution of £5,000.
If you, or someone in your household receive certain benefits, you may be able to get a voucher worth 100% of the cost of the improvements, up to a maximum value of £10,000.
However, landlords are not eligible for the low income scheme.
The voucher covers the costs of the labour, materials and VAT but the work cannot be completed by yourself, a member of your household or your immediate family.
If this is something you are interested in, you need to make sure you leave enough time to get a quote, apply to the scheme and get the work completed.
Martin Lewis explains more about the scheme in this video: https://www.youtube.com/watch?v=lpqRQF0NmrY&feature=emb_title
The Chancellor Rishi Sunak first announced this grant in July with the hope it would upgrade the energy efficiency of homes, support low-carbon heating technology and help reduce the number of people who are unable to heat their homes.
The government has set aside £2 billion for the Green Homes Grant and hopes it will help pay for improvements in over 600,000 homes across England.
There are several benefits to making green improvements to your home such as insulation and low-carbon heating systems can help cut energy bills which could save some families up to £600 a year.
For more information go to Brighton Mortgage Broker – The Finance House
To find out what home improvements are best for your home visit https://www.simpleenergyadvice.org.uk/energy-efficiency/home-improvements
To check if you are eligible for a Green Homes Grant visit the government website: https://www.gov.uk/check-eligible-green-homes-grant