Virgin Money - Up to £10,000 cashback for energy-efficient home improvements
19 March 2025
We’ve just revamped our range of brilliant Retrofit Boost mortgages.
Your customers can now bag up to £10,000 cashback for making energy-efficient improvements to their properties.
What is a Retrofit Boost mortgage?
Retrofit Boosts are a range of 5-year fixed rate mortgages. They give customers cashback to help them with home improvements. These include installing insulation or solar panels, battery storage, or heat pumps to their properties.
Rates are higher than our core range for the first 5 years, in return for the cashback. Your client can switch to one of our core products after this point. If they pay, for example, £50 more per month and make home improvements that lower their bills by that amount, things could balance out.
There are no extra costs after 5 years, so your client will feel the full benefit of any energy cost saving.
Up to £10k cashback
Our new range is available for new residential & BTL customers with loan sizes of £150k - £500k and offers a range of 5-year fixed-rate options:
- £10,000 cashback
- £7,000 cashback
- £5,000 cashback
We pay cashback to the conveyancer at mortgage completion.
Bringing it all home
Customers can make the eligible improvements they want with any supplier they like. They can also go with our friends at Hive who offer:
- Expert advice
- Free quotes
- Grant assistance
- Expert installation
Head here for all the details.
Burning questions?
If you’ve got any questions about our Retrofit Boost mortgages, your BDM is the best person to speak to.
The team at Virgin Money
