The scheme does not lend to you and does not give you a grant. It pays participating lenders a capital grant of up to 20% of each eligible loan, on condition the saving is passed on as a lower interest rate.1
Owner occupiers of existing homes and private landlords borrowing personally. There is no income threshold, no minimum EPC rating and no property type restriction; the lender runs its normal affordability and credit checks.1
The grant is sized to cut the lender’s starting rate by up to five percentage points. Published guidance points to products between 0% and 3%. The actual rate is set by each lender for each product, so ask before you compare.2
Not a grant to you, not a government loan, and not automatic. A loan still has to be affordable and you still have to be accepted. Terms run from three years, and the money is paid to the lender in arrears once the installation is verified, which is why the MCS certificate matters.1
A quote from us and the finance conversation from a regulated broker who knows the scheme. One introduction, and nothing happens until you tick the box.
Neo Loans is a Bolton based credit broker specialising in finance for home improvements, working with a panel of lenders. As participating lenders bring Warm Homes Loan Scheme products to market, Neo Loans is who we ask to walk our customers through what is available, alongside their other options.
Energy Giants is not a lender or a credit broker and does not arrange finance. If you tick the box on the form we pass your details to Neo Loans, who will contact you directly. Any agreement is between you and the lender, on the lender’s terms, and it does not change our quote.
Neo Loans Limited is Authorised and Regulated by the Financial Conduct Authority, Firm Reference No. 673521. See fca.org.uk. ICO Number ZA010347. We are a credit broker, not a lender. Neo Loans Limited, registered in England and Wales under company registration No. 08587808. Registered Office, Devon House, 1 Chorley New Road, Bolton, BL1 4QR. Fees may be payable depending on your choice of financial product. This will depend on your circumstances and will be discussed at the earliest opportunity.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or any debt secured on it. If you are thinking of consolidating existing borrowing, you should be aware that you may be extending the terms of the debt and increasing the total amount you repay.
From the published scheme rules. Caps are per measure, so solar and a battery on one job can sit under two caps.1
| Measure | Loan cap | Note | We install |
|---|---|---|---|
| Solar PV | £15,000 | Separate from the battery cap | ✓ |
| Electrical storage battery | £15,000 | Can be combined with a solar loan | ✓ |
| Air to water heat pump | £20,000 | Before the Boiler Upgrade Scheme grant is deducted | ✓ |
| Air to air heat pump | £10,000 | Before the Boiler Upgrade Scheme grant is deducted | – |
| Ground source heat pump | £35,000 | Before the Boiler Upgrade Scheme grant is deducted | – |
| Biomass boiler | £20,000 | Before the Boiler Upgrade Scheme grant is deducted | – |
| Heat network connection | £7,500 | – | |
| Micro renewable system | £20,000 | Other MCS certified microgeneration | – |
We install solar PV, battery storage and air to water heat pumps. For the others we will tell you who to ring.
The mistake people make is chasing the finance first. A lender needs a quote for an eligible measure from an MCS certified installer, and the grant to the lender is only paid once the installation is verified. So the survey comes first, and Neo Loans picks it up from there.
Free, in person. You get an itemised quote with an MCS performance estimate, the document a lender expects to see.
Tick the box on the form and Neo Loans, our finance partner, will contact you about the loan options, including Warm Homes Loan Scheme products as lenders launch them. You are free to arrange your own finance instead.
Normal affordability and credit checks. Nothing is installed until you have a decision you are happy with.
We install, issue the MCS certificate and the electrical certificate, and the lender uses that to verify the installation and claim its grant.
The Department for Energy Security and Net Zero published the scheme rules and opened the first application window for lenders.1
The first consumer launch phase. Products appear as each approved lender goes live, so what is available changes month to month. Neo Loans keeps track of that so you do not have to.1
A second lender application window opens in late 2026 for onboarding in early 2027, so the list of lenders should grow.1
A free survey from our Clitheroe head office or our Manchester and London offices, an itemised quote with the MCS estimate behind it, and a straight answer if your roof is not worth doing. Then Neo Loans finds the finance to match it.
If you would rather talk first: 01200 407790.
Free survey and an itemised quote with an MCS estimate, no obligation. Tick the box and Neo Loans, an FCA authorised credit broker, will talk you through the finance options, including Warm Homes Loan Scheme products as lenders launch them.
Not to you. The grant goes to the lender, which must pass it on as a lower interest rate. You borrow and repay in the normal way, at the reduced rate.
No. The scheme sits outside the mortgage system. The loan comes from a participating lender, and Neo Loans can find the right one for you; products are expected to include unsecured and secured options.
Yes, a private landlord borrowing personally for a property they let. Companies are not the target of the scheme as published.
Whatever the lender sets for the product, after the grant. The grant is designed to cut up to five points off the lender’s starting rate and published guidance points to products between zero and three per cent. Compare the actual rate on the offer, not the headline.
Yes. The heat pump caps are set before the Boiler Upgrade Scheme grant is deducted, so the loan covers what is left after the grant.
No. We survey, quote, install and certify. Neo Loans, our finance partner, handles the finance conversation if you ask us to pass your details on. Any agreement is between you and the lender.
No. There is no minimum EPC and no income threshold in the scheme rules. A house at band E qualifies as readily as one at band C; the lender’s affordability check is what decides it.
Book the survey, get the quote, then decide how to pay. Nothing is committed until you say so.
Notes. 1. Loan caps, eligibility, the grant mechanism (a non repayable capital grant to participating lenders of up to 20% of the loan, paid in arrears on verification of installation, passed on as a reduction in the nominal interest rate of up to five percentage points), minimum three year terms and the June 2026 lender window, September 2026 consumer launch and late 2026 second window are from the Department for Energy Security and Net Zero, Warm Homes Loan Scheme: Scheme Rules, read 8 September 2026. 2. Expected rates of 0% to 3% are from published guidance on the scheme; rates are set by each lender per product and may differ. Nothing on this page is financial advice or an offer of credit. Energy Giants is not a lender or credit broker.
