The current energy crisis is impacting on everyone along with the rising cost of living. Making sure homes are as energy efficiency as possible is key to retaining heat and reducing the cost of heating your home. Sedgemoor Council work in partnership with Lendology CIC, a Social Enterprise lender, to provide council funded loans to homeowners for home repairs, improvements, energy efficiency and renewable energy measures.
More than just a lender, Lendology work in partnership with local organisation such as https://www.cse.org.uk/advice to make sure that people have access to impartial energy advice, grant eligibility assessments and home ‘retrofit’ support. Lendology is different than traditional lending with their decisions powered by people, for people. They work with a wide range of homeowners to understand their unique financial situation, and everyone pays the same fixed interest rate regardless of the amount borrowed, the term or the financial circumstances. There are a range of loan products available to suit people who may find it challenging to borrow elsewhere, for instance those who are self-employed, in receipt of benefits, or retired.
Emma Lower, CEO at Lendology, said: “We have worked in partnership with Sedgemoor Council for over 15 years and are a trusted partner and lender across the district. We are seeing more and more homeowners contacting us to spread the cost of energy efficiency measures such as new windows, and renewable energy measures such as solar panels and air source heat pumps.
For more information, visit www.lendology.org.uk or call Lendology on 01823 461099.