1. Over 50s Mortgages
2. Products
3. Energy Saver Cashback offer
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Our Energy Saver Cashback offer

We’ll provide 10% cashback on the total cost of qualifying energy efficiency home improvements, up to £1000 on an initial advance or £200 on a drawdown.

We’re rewarding customers who are using part, or all, of their Legal & General later life mortgage to make qualifying energy efficient home improvements.

Our Energy Saver Cashback offer

If your clients choose to use their mortgage to make energy efficient home improvements, we’ll provide 10% cashback on the total cost up to £1,000 for an initial advance or up to £200 on a lifetime mortgage drawdown.

This offer is available to Legal & General later life mortgage customers across England, Scotland and Wales. The customer must claim the cashback within 12 months of completion of their mortgage. For lifetime mortgage drawdowns, the offer can only be claimed up to maximum of three times.

We'll include details of the Energy Saver Cashback offer within the application pack. This will include a guide providing further information on qualifying works and how to take advantage of the offer. 

You can also find a copy of the guides below, which you can share with your client if they're considering using their mortgage to make home improvements.

  • Double glazing on new or replacement windows and doors
  • Solar panels
  • Wood infused boilers
  • Draught stripping
  • And more!

A full list on eligible improvements can be found within our updated client guides.

Energy Saver Cashback - Initial Advance Guide PDF: 487KB

Energy Saver Cashback - Drawdown Guide PDF: 867KB

Clients will no longer be asked to register their interest. Once the work’s completed within 12 months of their loan taking place, clients will be asked to provide us with an invoice on letterheaded paper, setting out the works completed and the cost and date of completion. This can be shared via email or post, full details are located within the guide.

Step-by-step claiming process - for your client

Your client will receive an Energy Saver Cashback guide within their Application Pack, providing the full T&Cs on what qualifies for the cashback.

They’ll instruct an approved installer to carry out their improvements. We’ve provided some helpful links.

They’ll check the chosen work within our eligibility list, assuring any planning permissions are obtained before the work is carried out.

Once the work’s completed within 12 months of their loan taking place, they’ll provide us with an invoice and works documentation to start their claim.

Payment will be processed and paid within 30 days from submission.

For more detail

Full details, links and supporting information can be located within the Energy Saver Cashback guides.

pdf - 508.86 KB

Energy Saver Cashback - Initial Advance Guide

pdf - 905.61 KB

Energy Saver Cashback - Drawdown Guide

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A later life mortgage can help transfer money to children or grandchildren, perhaps to help buy a first home, or even help pay off their existing interest-only mortgage.

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