04.09.2023
In order to encourage environmentally friendly decisions, LHV has introduced a change to its Green Home Loan offer – from September, all customers buying an energy class A home will benefit from a favourable interest rate of 1.69% + six-month Euribor.
According to Catlin Vatsel, Head of Private Financing at LHV, it is in the bank’s interest to offer loans at the best terms for the purchase or construction of the most energy-efficient homes, as this real estate is an environmentally sustainable long-term investment for the person purchasing it.
‘In the summer months, the focus was on the Green Home Loan, and during this time, the share of energy class A among our new home loans increased to 20%. We hope that the purchase of the most energy-efficient homes will continue at the same pace. What makes our offer different is that it applies to all energy class A homes, regardless of the customer’s profile,’ Vatsel explained.
‘Energy class A buildings are more sustainable for the environment and also better ensure the daily well-being of their residents. As a real estate asset, an energy-efficient home is more valuable, has lower running costs, and retains its value better over time. We wish to facilitate the informed choices of our customers in every way that we can,’ said Vatsel.
Find out more: lhv.ee/en/home-loan
LHV Group is the largest domestic financial group and capital provider in Estonia. LHV Group’s key subsidiaries are LHV Pank, LHV Varahaldus, LHV Kindlustus, and LHV Bank. The Group employs over 970 people. As of July, LHV’s banking services are being used by 404,000 clients, the pension funds managed by LHV have 127,000 active clients, and LHV Kindlustus protects a total of 161,000 clients. LHV Bank, a subsidiary of the Group, holds a banking licence in the UK and provides banking services to international financial technology companies, as well as loans to small and medium-sized enterprises.
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