Accord Mortgages relaxes affordability for ‘greener’ homes

Accord Mortgages is paving the way for environmentally conscious homeowners by relaxing affordability calculations for those purchasing energy-efficient homes.

The intermediary-only lender will now factor in lower utility bills when assessing affordability for new build properties. This adjustment, available across Accord’s standard product range and Boost LTI, offers up to 5.5 times loan-to-income for households earning £60,000 or more.

By automatically applying an expenditure discount, borrowers could access up to £13,000 more in funds, subject to LTI limits. This move not only supports sustainable living but also empowers buyers to invest in eco-friendly homes while enjoying greater financial flexibility.