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Lower mortgage rates for energy efficient homes

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  1. I doubt this kind of ‘high level’ initiative can work with out becoming prejudicial and discriminatory. New builds are but a small reaction of the mortgage market and we’d have to compete for houses that are all orientated, configured and shaped the same way in order to get a preferential interest rate. Arguably there are, and should be, adequate regulatory and other frameworks and incentives to improve energy efficiency without manipulating the risk profile (and thus the interest charge) in a lending rate. Those ‘low down the ladder’ would inevitably loose out even further. Far too many unintended consequences in this to be beneficial overall.

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