Who it's for
Lendology offers low-cost loans for energy-related home improvements.
This funding is for homeowners and landlords in Bath and North East Somerset who want to install a variety of measures to improve the energy efficiency of their property.
What it's for
Projects include:
solar PV
low carbon heating
other renewable installations
insulation
How it works
First, you need to get approval for the loan.
You can use an Energy Efficiency Loan from Lendology to spread the cost of installing energy-saving improvements over time.
Loans go from £500 to £15,000.
Repayment terms go from 6 months and 15 years.
The loan will have a fixed, low interest rate throughout the term (typical APR is 4.2%).
Once you hire a contractor, the loan can be paid directly to them on completion of the work, so you don't have to pay out and claim the money back.
How to apply
For your home improvement to be eligible for a Lendology Energy Efficiency Loan, it has to be fitted by an installer certified by the Microgeneration Certification Service (MCS).
Use the MCS website to find your installer.
We recommend you contact and get quotes from several installers before agreeing for one to do the work.