Energy labels have become a hot topic nowadays. As the mortgage rates begin to increase again and energy prices rise, buyers pay closer attention to the energy label of potential homes to keep housing costs affordable.
According to the most recent study, the difference between selling a home with a low or high-energy label has significantly increased. For example, houses with the energy label 'C' are, on average, 11.6% higher than a house with the energy label G.
Results in a price difference of around € 50,000 between properties with different energy labels.
Properties with lower energy labels are less attractive to buyers and take longer to sell. According to NVM, in the third quarter of this year, improving your home from an energy label C to an energy label A generated a 7.1% higher appreciation. Besides, sustainable homes are also more likely to sell quicker for more than the asking price.
The energy efficiency of a home depends on the energy label—the higher the label, the better the house's insulation. Energy efficiency classes range from class A (economic) to G (inefficient).
A deficient energy consumption.
B low energy consumption.
C relatively low energy consumption.
D average energy consumption.
E relatively high energy consumption.
F high energy consumption.
G very high energy consumption.
You can easily upgrade energy labels from C to B by installing dormer windows or solar panels.
Other ways to improve the energy label of your home:
new windows
flooring
cavity wall insulation
solar panels
hybrid heat pumps
Apply for a second mortgage.
Increase your current mortgage.
Take out a private loan for renovation.
Invest your savings.
Get in touch with our mortgage specialist to learn more about your possibilities for improving your energy label. We analyze your finances to determine the most beneficial way to finance your energy label improvements.
Schedule a free call with our mortgage advisors. We specialize in mortgages for expats and are dedicated to navigating you through the home-buying process.
Access to a trusted network
Highly competitive rates and flexible terms
Guidance through the entire mortgage process
English translations of bank documents are shared