DEFINITION: A UK Government policy launched in 2012 to provide properties with loans for energy efficiency measures. The loans were repaid through energy bills and transfer with the property rather than those who took out the loan. High interest rates and charges of the scheme resulted in a lack of demand for the Green Deal, and the programme was scrapped by the Conservative Government in 2015.
Green Deal loan scheme relaunches
The Green Deal Finance Company (GDFC) has relaunched financing streams for households to improve the energy efficiency of a building through a number of providers and installers, for the first time since July 2015.
Green buildings primed to assist Government with national policies
The construction and property industry is "eager" to work with the UK Government to boost housebuilding standards, improve economic growth and help achieve binding carbon targets, but this will only be possible if an array of new policies are introduced.