Energy efficient properties make for less risky mortgages
Properties providing a high level of energy efficiency make for less risky mortgages as their owners are less likely to fall into arrears, especially since they are not overpaying on their energy bills, recent analysis by Bank of England staff has found.
The data showed around 1.14% of energy-inefficient homes are in mortgage payment arrears, compared with 0.93% of energy-efficient properties. A well-insulated home reduces energy bills, which can free up available income and help homeowners to make their mortgage payments even when budget shocks occur
Taking into account a number of variables, the findings concluded that the “energy efficiency of a property is a relevant predictor of mortgage risk”.
HeatSave TRVs – wireless thermostatic radiator valves offering extensive control options
In order to achieve significant energy savings, home owners will certainly require very effective energy management systems to be put in place, and that’s exactly where the HeatSave programmable wireless thermostatic valves can really come in handy.
The HeatSave wireless thermostatic valves represent a great energy saving solution. That’s because the TRVs can help customers slash their energy bills by up to an impressive 30 percent by allowing them to thoroughly control the heating patterns for every single one of their radiators.
Moreover, it’s quite likely that households could benefit from the financial advantages provided by various Government schemes, given the fact that the HeatSave valves represent an approved measure to control radiators under several accredited programmes.
If you want to find out more about the HeatSave wireless programmable thermostatic radiator valves, get in touch with our dedicated product team, they’ll be more than happy to answer all your questions and queries.