Three quarters of homeowners said they cannot afford to make eco improvements
Barclays will pay mortgage borrowers £2,000 to install a heat pump, as it warned the majority of households cannot afford to make their homes more energy efficient.
The high street lender will pay its customers cash rewards for completing green works, including £2,000 for an air or ground source heat pump, £1,000 for solar panels and £500 for cavity wall insulation.
A survey of 2,000 homeowners by Barclays found that 90pc hoped to make eco improvements within five years, but three quarters said they were currently unaffordable.
Around 60pc of all homes in England and Wales currently have an Energy Performance Certificate rating of below C, according to recent research by lender Halifax, with older, bigger properties the worst offenders.