Green Homes Grant extended for one more year | Mortgage Strategy

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The £2bn Green Homes Grant Voucher Scheme for home owners in England has been extended until the end of March 2022.

Having launched on 30 September 2020, the government scheme gives financial assistance to people wanting energy efficiency upgrades to their homes.

The government anticipates the scheme will help up to 600,000 households save up to £600 on their energy bills and create 100,000 jobs for accredited trades people in green construction.

Up to two thirds of the cost of green home improvements will be funded by the Green Homes Grant up to £5,000, or 100% of the cost for homeowners on low incomes, up to £10,000.

Measures covered include insulation of walls, floors and roofs, double or triple glazing when replacing single glazing, and low-carbon heating like heat pumps.

The Green Homes Grant is part of Boris Johnson’s 10 point plan for a green industrial revolution, designed to help the country build back greener and reach the UK’s target for net zero carbon emissions by 2050.

Minister for climate change Lord Callanan says: “The Green Homes Grant scheme gives homeowners and landlords right across the country a cheaper way to make their homes more energy efficient and cut their bills – all while making their contribution to tackling climate change.”

Federation of Master Builders chief executive Brian Berry comments: “The extension of the Green Homes Grant for another year is very positive news, and shows that builders’ concerns have been listened to.

“This will give the reassurance needed to the building industry to invest in the scheme. Our existing homes contribute 20 per cent of all our carbon emissions and consume 35 per cent of our energy.

TrustMark chief executive Simon Ayers adds: “Consumer confidence is not only essential to the recovery of the UK’s economy, but also to the protection and creation of key jobs that will support the long-term delivery of quality green home improvements.

“We urge any tradespeople who want to be a part of the Green Homes Grant scheme to apply for TrustMark registration and Microgeneration Certification Scheme or Publicly Accessible Standards certification as soon as possible.


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