supporting your retrofit
GRANTS available
Your Home Better is creating a mobile advice service to help more people to understand the benefits of retrofit. More information to follow soon!
To check whether you qualify for any grant funded retrofit works, use the GMCA Retrofit Portal - you will be able to fill in your details and give information about your property to get information about the grants that are currently available.
The first question is “How have you accessed the GM Retrofit Portal?” - please choose "Through a Local Energy Advice Demonstrator (LEAD) partner organisation” and select “Your Home Better” from the list.
loan option currently available
Your Home Better is working together with Manchester Credit Union to provide homeowners with an attractive loan option. The offer is run completely by Manchester Credit Union, and you will need to go through their standard assessment process and comply with their terms and conditions for taking out a loan.
The loans are for a period of 10 years at 5.5% APR and can be used to finance carbon reduction measures such as solar PV panels and battery storage. Interest is charged on the reducing balance of the loan, therefore the quicker the loan is repaid, the less interest you need to pay. There are no penalties for paying the loan off more quickly at a higher amount or for settling the loan before the end of the term.
The offer is geographically limited to the remit of Manchester Credit Union, which means that you have to either live or work in Manchester, Trafford, Stockport, Rochdale, Bury or Tameside in order to take part. We are also working towards identifying similar offers from other financial institutions and credit unions to ensure that all of Greater Manchester can access loans to fund their retrofit. We are keen to find local finance offers that can keep money in the local economy and like us, Manchester Credit Union is a not-for-profit organisation working for the benefits of its members.
hOW TO APPLY
If you either live or work in Manchester, Trafford, Stockport, Rochdale, Bury or Tameside, you can apply for a loan using the button below, please select ‘YHB – Referral’ in the ‘How did you hear about us?’ section.
plans for the future
At Your Home Better we are constantly looking for cheaper loan options, we would also recommend speaking to your bank or mortgage provide to compare rates and approaching your local council to see if they can provide any assistance.