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    Funding Eco Home Improvements

    If you're ready to make energy-saving improvements to your home, you might be thinking about using your savings or borrowing a little extra to pay for them. The good news is that there's a lot of financial support available, including a wide range of government grants.

    As part of the Green Homes Grant Scheme launched in September 2020, the UK Government is awarding vouchers up to the value of £5,000 towards the cost of your energy-saving measures (£10,000 for lower income households, depending on your income and the type of improvements you want to make).

    How we can help

    In addition to the government grants and schemes, we have a number of ways to help you put your green plans into action. Whether you just want to make your home a little cosier or are thinking of major changes to make it as eco-friendly as possible, our range of borrowing options has you covered.

    Borrowing options to suit every budget

    If you're about to buy a new home or are considering extending or improving your current one, now's a good time to think about energy-saving improvements. You could look to add insulation to a new loft extension or install a ground source heat pump before you landscape the garden. For changes such as these, you might want to think about including the cost in your mortgage borrowing. If you don't like the idea of making major alterations to your home and just want to make smaller changes, a personal loan might be another option.

    Whatever your plans, take a look at our borrowing options below to find the one that's right for you and your needs.

    Your borrowing options

    Borrowing options

    How much could I borrow?

    Repayment term / Payments

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    Borrowing options

    Borrowing more on your existing Lloyds mortgage

    How much could I borrow?

    From a minimum of £10,000 up to 85% of the value of your property.

     

    You'll make monthly payments over an agreed term to repay the amount you borrow.

    Repayment term / Payments

    Depending on your circumstances, you could borrow more over the same term as your current mortgage, or ask for a shorter or longer term, up to a maximum of 40 years.

    Did you know that you can overpay your mortgage by up to 10% of your balance each calendar year? This helps to pay it off more quickly and reduces the total amount of the interest you pay over the term.

    Think carefully before securing other debts against your home. You could lose your home if you don't keep up your mortgage repayments.

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    Borrowing options

    Borrow more when you switch your mortgage to Lloyds from another lender

    How much could I borrow?

    Borrow up to 85% of the value of your property.

     

    You'll make monthly payments over an agreed term to repay the amount you borrow.

    Repayment term / Payments

    Additional borrowing will usually be over the same term as the rest of your mortgage, up to a maximum term of 40 years.

     

    Did you know that you can overpay your mortgage by up to 10% of your balance each calendar year? This helps to pay it off more quickly and reduces the total amount of interest you pay over the term.  

    You could lose your home if you don’t keep up your mortgage repayments.

    Learn more

    Borrowing options

    Personal Loan

    How much could I borrow?

    Between £1,000 - £35,000 lending is subject to status.

     

    You’ll make monthly payments over an agreed term to repay the amount you borrow.

    Repayment term / Payments

    1 to 7 years with fixed monthly repayments with the option to overpay.

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    Other borrowing options

    There are other borrowing options available if the ones above aren't suitable for you.

    Other borrowing options