Unsecured Green Home Loans

Lender innovation and strategic partnerships are fuelling growth in the UK’s unsecured green home loan market. With the majority of the UK’s 29 million homes requiring energy-efficient upgrades, a diverse range of financial solutions will be essential to support homeowners in their investment.

Unsecured consumer loans offer homeowners a popular avenue for financing home improvements. Often involving smaller amounts borrowed over shorter periods compared to mortgage finance, they provide flexibility and convenience for consumers. An unsecured green home loan is a specialised form of unsecured consumer financing, tailored specifically to assist homeowners with financing for energy efficiency and green home upgrades.

Unsecured green home loans can be offered by lenders in a range of different ways, but all look to streamline a process for a homeowner investing in energy efficiency and green upgrades for their home.

Unsecured green home loans can help to normalise the adoption of energy-efficient and green home technologies, streamlining homeowners’ journeys to more comfortable, energy-efficient homes.

The content on this page provides an overview of the UK’s unsecured green home loan market. If you believe that your organisation provides a solution that should be included in the unsecured green home loan product table, please contact us at consumer.finance@gfi.green.

Resources

Risk Demystifier: a guide to the current unsecured green home loan market

Mitigating the Risk: a toolkit of solutions to mitigate risk for unsecured green home loans

Green Finance Institute – Green Home Finance Principles

Green Finance Institute – Lender’s Handbook

Company Name	Product Name	Link to Product	Launch Year	Specific use of funds? (e.g. Solar Panels)	Whole of Market / Tied?*	Validation Required?	Aligned or supporters to the GHFPs?
Company Name	Product Name	Link to Product	Launch Year	Specific use of funds? (e.g. Solar Panels)	Whole of Market / Tied?*	Validation Required?	Aligned or supporters to the GHFPs?	Lendology CIC	Energy Efficiency Loan	2005	Customers can only use the funds for specific works as approved by their local council – for energy efficiency that would be windows, draught proofing, insulation, and heat pumps. Works must be approved prior to commencement of the works. Funds can also cover the deposit.	TiedOnly available in areas where Lendology has a partnership with the local council	Full quotes and an invoice required prior to releasing any loan funds.	Aligned
Lendology CIC	Renewable Energy Loan		2010	Customers can only use the funds for specific works as approved by their local council – for a renewable energy loan that would be solar panels or other renewables. Works must be approved prior to commencement of the works. Funds can also cover the deposit.	TiedOnly available in areas where Lendology has a partnership with the local council	Full quotes and an invoice required prior to releasing any loan funds.	Aligned
Sunsave Energy Limited	Sunsave Plus	https://www.sunsave.energy/sunsave-plus	2024	Financing the installation of retrofit solar panels and batteries.	Whole of Market	Sunsave are both the lender and the installer for the green technologies under Sunsave Plus, meaning that any loans dispersed are validated as green.	Aligned
Tandem Bank	Green Home Improvement Loans		2019	Solar panels & Battery storage, heat pumps, double glazing/energy efficient windows.	TiedThrough approved retailers/ installers.	Funds paid directly to installer for approved goods and installation.	No
Propensio Finance	Energy & Renewables		2019	Solar panels, battery storage, EV chargers, Air source heat pumps.	Whole of Market	Use of funds validated through EPVS.	Aligned

* to denote availability to specific customers

Table last updated in April 2024.

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Unsecured Green Home Loans

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Unsecured Green Home Loans

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