Warm Homes Suffolk Loan

Over 100 Suffolk residents have already taken advantage of this game-changing scheme.

The Warm Homes Suffolk Loan is an interest-free loan of up to £15,000 that you can spend towards making your home warmer, safer and cheaper to run. Meaning you can keep your family warmer and healthier for less, all whilst helping the environment. It’s a triple win!

There is a total of £3 million waiting to be borrowed by homeowners in Suffolk.

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What can you do with the loan?

Energy efficiency upgrades are things that you can do to your home that allows you to create heating for your home with less cost to both you and the environment. They also help you to keep the warmth in your home instead of it escaping into the cold.

This can include loft insulation that stops heat escaping through your roof, solar panels that generate energy from sunlight, batteries that help you store the heat you generate for when you need it most, glazing to stop heat escaping through closed windows, or heat pumps that transfer heat from outside your home into it. All of these options can be installed under £15,000.

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How does the loan work?

Homeowners in Suffolk can apply for the Warm Homes Suffolk Loan for up to £15,000. This must be repaid in up to seven years. But you will not be charged interest so what you borrow is exactly the amount you need to pay back!

Shorter repayment terms ensure the limited funding is recycled faster to support more homeowners in making sustainable home energy efficiency improvements.

To find out more call 01823 461099 or click here.

Why is Suffolk County Council offering this new loan?

The scheme supports Suffolk’s Climate Emergency Plan, by increasing the number of properties which have energy-efficient and low carbon energy measures installed.

An increase in demand for energy efficiency measures will also help support businesses providing those services, meaning jobs, skills development and investment in the green economy.

Suffolk County Council is partnering with Lendology CIC to deliver the interest-free loan scheme. Lendology CIC is an experienced Social Enterprise Lender, managing similar schemes with councils across the country.