Brits plan to spend £13bn on home green improvements
January 17, 2008 by admin
Filed under News, News-Mortgages
Homeowners in Britain are planning to spend £13 billion on improvements to their properties claims new research. 
The findings from the Co-operative Bank have shown that a number of consumers have already begun to instigate general ‘green’ changes.
Up to 66 per cent of people are recycling, 60 per cent have switched to energy saving light bulbs and another 40 per cent have installed loft and cavity wall insulation.
John Barker, head of mortgages at the Co-operative Bank said: “This research clearly shows that people are really starting to sit up and take notice of green issues in relation to their homes.”
“Houses are one of the largest sources of carbon dioxide emissions in the UK and taking steps to improve the environmental impact of homes is something that we strongly believe should be encouraged,” he added.
According to the research the ‘greenest’ region is Wales, where 75 per cent of people have taken steps to make their homes greener over the past year.
In last November the Co-operative Bank launched a mortgage package for those customers looking to reduce their carbon footprint.
