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UK launches Warm Home Loans for up to £35,000

By Drooid · · How we work

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Story summary
  • UK government launched Warm Home Loans scheme offering interest-free or low-interest loans of £7,500 to £35,000 for home energy upgrades.
  • British Gas and E.On partnered with Tandem Bank and Homeserve to provide discounted loans directly to customers.
  • Treasury sources say hundreds of millions of pounds will be cut from the scheme’s £2.7 bn five-year budget.
  • Government claims a heat pump, battery and solar panels can save households up to £550 annually.
UK launches Warm Home Loans for up to £35,000 | Drooid