• About Us
  • Privacy Policy
  • Contact
Mortgage Insurance Center
  • Home
  • Mortgages
  • Health Insurance
  • Home Insurance
  • Life insuranace
  • Finance Laws
    • Banking Laws
    • Assets
    • Interest Rate
    • Loans
No Result
View All Result
  • Home
  • Mortgages
  • Health Insurance
  • Home Insurance
  • Life insuranace
  • Finance Laws
    • Banking Laws
    • Assets
    • Interest Rate
    • Loans
No Result
View All Result
Mortgage Insurance Center
No Result
View All Result
Home Loans

Tesla on the house? Major bank offers low interest rate for energy efficiency loans

by Matthew Upton
July 4, 2022
in Loans
0
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

[ad_1]

Business

3 Jul, 2022 10:00 PM3 minutes to read

ANZ is offer a low interest top up loan which can be used to buy electric cars. Photo / Dean Evans

The country’s biggest bank will offer loans of up to $80,000 at 1 per cent interest for three years for people to upgrade homes with solar panels and energy efficiency technology.

The loan could cover heating and insulation, double glazing, ventilation and rain water tanks.

And borrowers will also be able to use the ANZ Good Energy Home Loan to buy electric and hybrid vehicles and install EV chargers.

But there is a catch – it’s only available to those with an existing home loan or who transfer their home loan to the bank.

Those without a mortgage face paying 12.9 per cent per annum for a personal loan.

And those with less than 20 per cent equity may also be ruled out for getting access to the loan.

An ANZ spokeswoman said, generally speaking, there were no loan-to-value restrictions on the loan but last week it made the decision to temporarily pause all new lending for greater than 80 per cent LVR deals.

She said this pause also applied to home loan tops ups.

Ben Kelleher, ANZ managing director for personal banking, said people were increasingly concerned about rising energy and fuel costs as well as environmental sustainability and were looking to make changes where they could.

“Whatever the motivation; saving money on your utility bills, future-proofing your home, collecting rain water to last you through summer, being more energy efficient or reducing carbon emissions, this loan removes some of the cost barrier for people wanting to make a change.”

He pointed to research which showed many of the changes people want to make were connected to their homes.

ANZ data showed eight in 10 people had plans or would like to improve the energy efficiency of their homes and for those who wouldn’t, most said cost was the main barrier.

“Homeowners who invest in good energy initiatives will also benefit from cost savings over time on things like heating and power and the increased wellbeing that comes from a healthier home.”

Meanwhile, the latest EY Mobility Consumer Index showed that the desire to live more sustainably also extended to people’s choice of car, with half of New Zealanders looking to buy a hybrid or EV in the future.

Subscribe to Premium

[ad_2]

Source link

Previous Post

Delaware Mortgage Relief Program Now Open

Next Post

How will Roe v. Wade reversal impact employee health plans? – InsuranceNewsNet

Next Post
How will Roe v. Wade reversal impact employee health plans? – InsuranceNewsNet

How will Roe v. Wade reversal impact employee health plans? – InsuranceNewsNet

Popular Posts

Ajanta Pharma : Newspaper Advertisements
Life insuranace

Taiming Assurance Broker : Announcement on behalf of the major subsidiary Link-Aim Life Insurance Broker Co.,LTD. to distribute dividends.

by Matthew Upton
July 28, 2022
0

Close Provided by: TAIMING ASSURANCE BROKER CO.,LTD. SEQ_NO 4 Date of...

Read more

Taiming Assurance Broker : Announcement on behalf of the major subsidiary Link-Aim Life Insurance Broker Co.,LTD. to distribute dividends.

20% interest rate on credit cards! Here’s how to avoid paying those high rates :: WRAL.com

Sens. Murphy, Blumenthal, Colleagues Reintroduce the Behavioral Health Coverage Transparency Act – InsuranceNewsNet

$1 billion in loans still available for agricultural funding in Ohio

How Long Do Car Accidents Stay on Your Record?

Rocket Mortgage Classic Wagers: Pick To Finish Top-10

Load More

Popular Posts

Hingham DPW Workers Deserve Respect, Decent Wages and Affordable Health Insurance

Hingham DPW Workers Deserve Respect, Decent Wages and Affordable Health Insurance

by Matthew Upton
July 5, 2022
0

Propy introduces blockchain title and escrow service

Propy introduces blockchain title and escrow service

by Matthew Upton
May 26, 2022
0

Biden administration sued after fertility awareness methods cut from health coverage

by Matthew Upton
June 15, 2022
0

Ajanta Pharma : Newspaper Advertisements

Taiming Assurance Broker : Announcement on behalf of the major subsidiary Link-Aim Life Insurance Broker Co.,LTD. to distribute dividends.

July 28, 2022

20% interest rate on credit cards! Here’s how to avoid paying those high rates :: WRAL.com

July 28, 2022
Edelweiss General Insurance launches India’s first on-demand, mobile telematics-based comprehensive motor insurance – SWITCH

Sens. Murphy, Blumenthal, Colleagues Reintroduce the Behavioral Health Coverage Transparency Act – InsuranceNewsNet

July 28, 2022

Categories

  • Assets
  • Banking Laws
  • Finance Laws
  • Health Insurance
  • Home Insurance
  • Interest Rate
  • Life insuranace
  • Loans
  • Mortgages

Tags

home loans mortgage personal loan
  • Privacy Policy
  • contact us

© 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • About Us
  • contact us
  • Home
  • Home 2
  • Home 3
  • Privacy Policy

© 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.