Energy efficiency 'pays off' - 03/08/2011
Property hunters who are trying to get a foot on the housing ladder could save money in the long run if they opt for an eco-friendly house.
The London Evening Standard reports that keeping energy bills to a minimum are just as essential as seeking out the cheapest mortgage for first-time buyers who are on a tight budget, so it makes sense to choose an energy efficient home.
Andy Warman of Octavia housing association told the newspaper: "Affordability should not be judged solely on how much a property costs to buy, but what it costs to run."
Green homeowners could continue saving money, as a number of mortgage lenders will offer a better rate if the home loan is going towards purchasing an energy efficient abode or towards renewable energy generating equipment.
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