Virgin Money offers mortgage borrowers up to £15,000 to go green – is the deal worth it?

Homeowners and landlords are being offered cash to fund energy improvements on their property. We explain how the latest green mortgage works

Green house
(Image credit: Getty Images/Catherine Falls Commercial)

Mortgage borrowers are being offered up to £15,000 cashback to go green.

Virgin Money has launched a new product called The Retrofit Boost, which is designed to help homeowners improve their property’s energy efficiency by giving borrowers cashback to spend on improvements.

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Marc Shoffman
Contributing editor

Marc Shoffman is an award-winning freelance journalist specialising in business, personal finance and property. His work has appeared in print and online publications ranging from FT Business to The Times, Mail on Sunday and the i newspaper. He also co-presents the In For A Penny financial planning podcast.