Lower mortgage rates await
Your clients can get lower mortgage rates when they upgrade their homes. Our remortgages come with an optional retrofit discount feature for those clients who intend to retrofit their home in the next two years. That means a lower mortgage payment, lower energy usage and doing less harm to the environment. What’s not to like?
If you’d like to know more about more about the feature and how your clients can opt in, simply download our helpful guide.
Why is Perenna doing this?
We want to do our bit to help to tackle climate change.
Installing low-carbon technologies is a great way to reduce carbon emissions in our homes. But we know that this can be costly, and sometimes tricky. That’s why we want to offer this discount. We want to reward homeowners for taking on the challenge. Because every home that gets decarbonised gets us one step closer to a brighter future.
Let’s work together to make a difference!
How does my client opt in for the discount?
- When you're discussing the ESIS, check whether the retrofit discount feature is suitable for your client.
- When you make a full application, you can let us know if your client would like to opt in to this feature.
- They will need to arrange for the works to be completed by an MCS installer.
- The work must be completed after their mortgage start date, but within 2 years of it.
- Once the work is complete and they have received an MCS certificate, they can let us know by visiting our website here. We'll then lower their mortgage rate within 1 month.
Don’t forget, if your client would like to benefit from the retrofit discount feature, they must opt in during the mortgage application process. The feature cannot be added to the mortgage at a later stage. Our retrofit discount feature is not available on our Retirement interest only (RIO) range.
