Spry Finance launches the Green Lifetime Loan for over-60s
11 January, 2023
- Available for homes with B3 energy rating or better, or to retrofit homes with worse rating
- Discounted interest rate means €7,810 saving on €100,000 loan over 15 years
Spry Finance has launched a new lifetime loan1 product for those aged over 60 who have an energy efficient home – or are planning to invest in achieving one.
The Green Lifetime Loan is designed to make it easier for older people to retrofit their home and save money on their heating and electricity bills, while living more sustainably.
It is available to people aged over 60 whose home has a Building Energy Rating (BER) of B3 or better. It is also available to those whose home has a worse rating, so long as they commit to undertaking works to achieve B3 certification within 12 months of the loan being agreed, or commit to spending 50% of their loan on qualifying home energy efficiency improvements in that time frame whether or not they achieve a B3 rating.