£1000 Green cashback product feature

£1000 Green cashback product feature

At Fleet we are committed to supporting the UK’s transition to a more sustainable future, and to improving the energy efficiency of the country’s private rental sector properties, with the obvious benefits this will provide, particularly for tenants. This product feature rewards landlord borrowers with a £1,000 cashback payment if they improve the Energy Performance Certificate (EPC) level of the property to a C or above during the course of the initial fixed rate period*. The cashback will be available on Fleet’s five- and seven-year fixed-rate products, excluding Green options, which complete from 1st July 2023.

We believe this feature will motivate landlords to make the necessary improvements to their properties to facilitate a greener future for everyone, with a contribution from Fleet against the costs of completing those works.

Key Highlights:

• Fleet’s cashback feature supports landlord borrowers as they seek to improve the EPC of those properties not yet at EPC A-C
• The feature will help landlords to meet the probable forthcoming EPC requirements
• Customers will receive a £1000 cash payment direct if their property is rated D or E at the point of completion, and post-completion, during their initial fixed rate period, and they upgrade the property to an EPC rating of C or above.**

* Terms and conditions apply. Speak to our team for further details.

** The EPC Register must be updated on the Government website for the customer to receive their payment. www.gov.uk/find-energy-certificate