María Eugenia Velásquez
Investing in a passive house is a smart investment Why? Because not only are you investing in your future, your children's future and the future of the planet, but you will also be able to apply for mortgages with better conditions.
Discover the green mortgages available for your passive house.
Banks have adapted to the consumer, a consumer who is increasingly aware of the need to opt for sustainable alternatives. Hence the emergence of green finance, or what we know as green mortgages.
Green mortgages are a relatively recent product in Spain, but we hope they are here to stay. Not only do they offer financial advantages for customers, but they also promote sustainability by making environmentally friendly housing more accessible and attractive.
These mortgages "reward" the purchase, construction or renovation of a sustainable home with a reduced interest rate. To do so, they focus on energy efficiency: they must be homes with energy rating A or B if it is for purchase, and if it is to rehabilitate an old home, it must improve its energy efficiency by at least 30%.
The conditions of these green mortgages change depending on the energy efficiency of the home. For this purpose, the energy efficiency certificate is requested.
Passive houses, being ultra-efficient constructions, get an A rating which is the highest energy rating that can be obtained, so you can be sure that you will get the best conditions available if you opt for a green mortgage.
From banks that focus their business model on sustainability to more traditional banks that have expanded their offerings to meet the needs of this type of customer, there are several alternatives to choose from.
Here are some options for you to consider:
- Triodos BankSustainable Mortgages
- LiberbankOxygen Mortgage
- MediolanumFreedom Green Mortgage
- Hipoteca vive, suma o crea by Hipotecas.com
- Banco Santander's sustainable housing mortgages
- BBVAEfficient Home Mortgage
- CajamarGreen Mortgage
There is still a long way to go on the issue of green mortgages, and we hope that more and more banks will join the cause so that the purchase of sustainable housing becomes the rule rather than the exception.
If you have questions about passive houses and whether it's a good option for you, we're here to help. Schedule a video call.
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