Electric Wallpaper & 0% Loans
Electric wallpaper will be trialled in 12 Glasgow tenements to evaluate its efficiency as a clean heat source and Nationwide are offering 0% loans for retrofit projects. Additionally, the boiler upgrade scheme hit record levels in September.
This project is led by the University of Glasgow, University of Strathclyde, West of Scotland Housing Association, and Glasgow City Council. Scottish homes, some of the oldest and worst-insulated in Europe, lose heat rapidly and mainly use gas central heating, contributing to a high carbon footprint.
Learn more about this - and the scope of Glasgow's retrofit scale-up work over Glasgow's Retrofit Action Week, 8-13 Feb 2025.
Borrowers with Nationwide mortgages can now take out interest-free green loans of up to £20,000 to make their homes more energy efficient. The lender is offering the 0% Green Additional Borrowing product as an incentive to encourage more homeowners to retrofit their homes and make changes which are better for the environment and reduce energy bills
And finally, the Boiler Upgrade Scheme has hit record levels, with applications reaching 55,095 by the end of September 2024 – the highest month for applications since the scheme began and 12% higher than in August. The initiative offers homeowners grants of £7,500 to replace a fossil-fuel-powered heating system with a low-carbon alternative. In the recent budget, Labour announced there would be further funding for the Boiler Upgrade Scheme following "the high demand for the scheme this year".
About the author
Martin began his landlord journey 18 years ago, while working in an international role for a global telecommunications company. Since retiring he has extended his portfolio, which he manages with his wife, but has always focussed on the ‘small student HMO’ sector preferring to offer homes in the community for small groups to the more common ‘pack them in and take the money’ mentality. He has chaired the PDPLA for the past 9 years and has overseen the Associations transition from small local self-help group to a much larger and more professional institution which is recognised and listened to nationally. Alongside his PDPLA role, he also has leadership roles in a number of other local organisations – bringing his unique perspective, driving for change and increased use of technology while respecting the history that brought us here.