Green mortgages surge in demand

Homeowners and landlords are flocking to "green mortgages" in a bid to escape soaring interest rates. The number of borrowers searching for such a loan has quadrupled since mortgages became more expensive last year, according to analysis by mortgage data firm Twenty7Tec. The deals work by offering lower interest rates and cash-back to incentivise property owners to improve the energy efficiency of homes. Twenty7Tec predicted "mass adoption" of green mortgages within the next three years, as borrowers try to keep costs down.

The Daily Telegraph