Local housebuilder, David Wilson Homes Yorkshire East, is working with Barclays Bank to launch the UK’s first green home mortgage, which will be available at its Derwenthorpe development in York. The mortgages have lower interest rates because the qualifying homes are all energy efficient, meaning customers can now save both money and the environment at the same time.
All new David Wilson homes are up to 65% more energy efficient and come with features such as modern double-glazing fitted with argon gas and insulation in the walls, which is six times more efficient than that used in the 1960s.
The mortgages will be available through recommended new homes mortgage advisers and at Barclays Bank branches. Customers are advised to come in and speak to David Wilson Homes to find out if their home could qualify and how they may be able to benefit from the new green mortgage.
Paul Newman, Managing Director at David Wilson Homes Yorkshire East said: “Our new homes are extremely energy efficient which saves customers hundreds of pounds each year through lower fuel bills. Now though, customers can save money on their mortgage when they buy a new build home that also helps the environment. It’s another compelling reason to buy a new home that is so much more energy efficient than older ones and gives customers double the benefit.”
Hannah Bernard, Head of Barclays Mortgages, said: “We are increasingly hearing from our mortgage customers that they’re interested in purchasing an energy efficient home. Given Barclays commitment to supporting our customers’ transition to a low-carbon and sustainable lifestyle, we have compelling reasons to launch this pioneering product. We’re looking forward to working with David Wilson Homes and then expanding our offer to more customers and through more housebuilders later this year.
“We’re proud to be the first major UK mortgage lender to offer a product that helps home buyers in their decision to purchase a green new build home.”
Derwenthorpe offers a luxurious collection of two, three and four bedroom
homes, available to purchase from £282,495. Near to York city centre and surrounded by plenty of green open space, Derwenthorpe is the ideal development for first time buyers, professionals and families alike.
For further information on the Barclays Green Home Mortgage visit www.barclays.co.uk/mortgages/green-home-mortgage
For more information about Derwenthorpe visit www.dwh.co.uk/derwenthorpe or call 01904 500203. Derwenthorpe is open Monday 12:30pm – 5:30pm and Thursday – Sunday 10:00am – 5:30pm.
