Green additional borrowing
Existing mortgage customers can borrow for energy-saving home improvements, with at least half of the extra borrowing spent on that work.
Αυτή η ευκαιρία είναι προς το παρόν διαθέσιμη στα Αγγλικά.
Use the extra borrowing for solar panels, insulation, new windows and doors, ground or air source heat pumps, or biomass boilers.
Skipton offers £10,000–£50,000, depending on your circumstances. At least 50% must pay for energy-efficient home improvements. There is no product fee, and you may qualify for a better mortgage rate; the rate offered may differ from your existing deal.
This is extra mortgage debt secured against your property. Skipton sends the agreed money to your chosen bank account. Your monthly mortgage payments increase and you pay more interest overall; your mortgage term may also be extended. You could lose your home if you do not keep up repayments.
Eligibility
- You must have held a Skipton mortgage for at least six months, with no missed payments, and meet its normal lending criteria.
- Your mortgage borrowing must stay within 95% of the property’s value, or 75% for Buy to Let customers. Most Buy to Let mortgages are not regulated by the Financial Conduct Authority.
- Spend at least half the extra borrowing on energy-efficient home improvements and provide quotes for the full work.
- Complete a Decision in Principle: Skipton checks whether the new monthly payments are affordable and how you have managed your mortgage.
How to apply
- Κατάσταση
- Ανοιχτό συνεχώς
- Όροι του κύκλου αιτήσεων
- Existing Skipton mortgage customers only; lending and affordability assessment applies.[^c3][^c5]
Call Skipton’s green additional borrowing consultants on 0345 607 9825. Eligible customers can apply at any time, including before their existing fixed mortgage deal ends. Start with the Decision in Principle and provide quotes for all the work when applying. Once everything is agreed, Skipton pays the funds into your chosen bank account.