(7 months, 2 weeks ago)
Lords ChamberI am certainly aware of some technical challenges with different technologies. We have a multiplicity of different housing types. Of course, if the cavities are too small, those properties can benefit from internal or external wall insulation. I would be happy to have a look at that for the noble Lord.
My Lords, has any thought been given to our mortgage providers—banks and others—enabling people who move home to get their home insulated by providing a slightly lower interest rate or some other benefit? That would mean that, every time anyone moves, the house would be insulated, for the betterment of all.
My noble friend asks a really good question. We have a number of innovative pilots with lenders, such as green mortgages and different ways of structuring finance that can help people to upgrade their homes. There are some potential tax changes —which, of course, are a matter for the Chancellor—that could help, but we will continue to make the case.