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Mortgages: Climate Change

Volume 459: debated on Tuesday 17 April 2007

To ask the Secretary of State for Communities and Local Government how many lenders offer a green mortgage in preparation for the introduction of energy performance estimates; and if she will make a statement. (129358)

We are aware of four lending bodies who currently offer ‘green mortgage’ products, others have said they are interested in developing products. As the Chancellor stated in the Budget, the Government expect the introduction of Energy Performance Certificates and other initiatives to provide the potential for the market for ‘green’ financial products to develop further.