Why not consider improving your homes energy efficiency
Energy performance for most people only is taken seriously when buying or selling a home in Morpeth. When it comes to selling your house, it will be evaluated for its energy efficiency and given a rating on an Energy Performance Certificate (EPC). This report generally is at cost to the homeowner and is not that expensive to set up, certainly under £100. Many aspiring homeowners in Morpeth are likely to want a first time buyer mortgages in Morpeth to fund the purchase and many first time buyers will seek out the advice and expertise of a qualified mortgage broker in Morpeth, these industry professionals may have used a mortgage payment calculator to work out your borrowing potential. . They also could be homeowners that require a bad credit mortgage because of a bad credit score in Morpeth. If this is the case, then undoubtedly will need the help of an independent mortgage brokers in Morpeth.
Understanding the energy performance rating is important when deciding to buy in Morpeth
Having your homes energy performance rating gives potential buyers and aspiring homeowners in Morpeth an indication of whether the house is built to modern day standards, which ultimately suggests how much the house will cost to heat and run-in comparison to other houses in Morpeth. This is important to know as a potential purchaser because the lower the cost of running your household, the more money you have to spend on luxury items like new cars, holidays or home improvements in Morpeth. You may also be saving up for a wedding and ensuring that you have enough disposable cash to do this will make for a happier existence.
Buyers in Morpeth really do care if your home is energy efficient or not. Don’t be fooled into thinking they don’t
Potential first time buyers will take the energy performance certificate information into account when buying a home and may use it to weigh up their decision on value. Mortgage brokers in Morpeth would advise clients against purchasing a property if the energy performance score was too high. So having as low a score as possible will help first time buyers in Morpeth, in making their decisions to buy and take on a mortgage loan in Morpeth. There are several alterations you could make to your property to help improve the rating, things like: adding insulation, switching to energy-efficient light bulbs, and as mentioned previously, upgrading your old boiler and replacing it with a more efficient model. Having a better energy performance certificate generally means that first time buyers in Morpeth will put a higher offer in on your home.
Things to consider living in Morpeth that may increase the value of your home without spending a fortune:
- Consider adding loft insulation – Installing additional loft insulation is dirt cheap, easy and you could do it yourself. If you don’t mind a little hard work and you’re able to perform manual tasks then give this a go, it will save you a little bit of money too. However, when buying insulation, the minimum thickness recommended nowadays is 250mm which has been updated in recent years, where it used to be as low as 100mm! You don’t need to remove the old stuff, you can simply lay new insulation over the top and it’ll help the house to retain heat, cut your bills in Morpeth and improve your energy performance rating.
- This has got to be the easiest way to make your home loan in Morpeth that little bit more energy efficient. Try replacing your old energy zapping light bulbs for new energy saving bulbs or even LED bulbs. Swapping out the old bulbs and replacing with energy-saving bulbs is a very small alteration you can make which may also improve your energy performance certification. The money you save could be significant, they are much cheaper to run, they last much longer, they’re saving you money on your electric bill and they barely cost any more to buy than a normal bulb – so why wouldn’t you swap out the old bulbs and replace. Do your bit for the environment too.