The Green Funding 100.
Rates & Costs
Focus: Fees, interest rates, and the total cost of borrowing.
What is the “TrustMark” guarantee and how long does it last?
How to find installers who specialize in “Grant-Led” projects.
Is a “Hybrid Heat Pump” a better strategy for old, drafty homes?
Can I get a grant for a battery storage system without solar panels?
What is the best approach for “Hard to Treat” cavity walls?
What is the “Fabric-First” approach and why is it mandatory for some grants?
Should I wait for the “Phase 2” funding or apply now?
The “Stacking Hack”: How to combine BUS with local council incentives.
The “Neighborhood Bundle”: How to get bulk installer discounts for your street.
“EPC Optimization”: How to improve your rating *before* applying to unlock more cash.
Can I use “Property Flood Resilience” grants alongside the Warm Homes Plan?
Maximizing your “Self-Funded” portion to get a total home transformation.
The “Radiator Trick”: How to get your whole heating system re-piped for free.
How to “Appeal” if your eligibility result comes back as “Not Eligible”.
Leveraging “Section 106” funding for specific local area upgrades.
How “Open Banking” can shave 2 weeks off your application time.
How to “Future-Proof” your home for Phase 2 of the Warm Homes Plan.
My house is Grade II listed; what funding is available for “sensitive” retrofits?
We are a “High Income” household; is there any funding at all for us?
What is my “Plan B” if my property is deemed “unsuitable” for a heat pump?
Promise Money is a broker not a lender. Therefore we offer lenders representing the whole of market for mortgages, secured loans, bridging finance, commercial mortgages and development finance. These loans are secured on property and subject to the borrowers status. We may receive commissions that will vary depending on the lender, product, or other permissable factors. The nature of any commission will be confirmed to you before you proceed.
More than 50% of borrowers receive offers better than our representative examples
The %APR rate you will be offered is dependent on your personal circumstances.
Mortgages and Remortgages
Representative example
Borrow £270,000 over 300 months at 7.1% APRC representative at a fixed rate of 4.79% for 60 months at £1,539.39 per month and thereafter 240 instalments of £2050.55 at 8.49% or the lender’s current variable rate at the time. The total charge for credit is £317,807.66 which includes £2,500 advice / processing fees and £125 application fee. Total repayable £587,807.66
Secured / Second Charge Loans
Representative example
Borrow £62,000 over 180 months at 9.9% APRC representative at a fixed rate of 7.85% for 60 months at £622.09 per month and thereafter 120 instalments of £667.54 at 9.49% or the lender’s current variable rate at the time. The total charge for credit is £55,730.20 which includes £2,660 advice / processing fees and £125 application fee. Total repayable £117,730.20
Unsecured Loans
Representative example
Annual Interest Rate (fixed) is 49.7% p.a. with a Representative 49.7% APR, based on borrowing £5,000 and repaying this over 36 monthly repayments. Monthly repayment is £243.57 with a total amount repayable of £8,768.52 which includes the total interest repayable of £3,768.52.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME
REPAYING YOUR DEBTS OVER A LONGER PERIOD CAN REDUCE YOUR PAYMENTS BUT COULD INCREASE THE TOTAL INTEREST YOU PAY. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
Promise Money is a trading style of Promise Solutions Ltd – Company number 04822774Promise Solutions, Fullard House, Neachells Lane, Wolverhampton, WV11 3QG
Authorised and regulated by the Financial Conduct Authority – Number 681423The Financial Conduct Authority does not regulate some forms of commercial / buy-to-let mortgages
Website www.promisemoney.co.uk