Under a Green Deal, which description is correct?

• A. A loan attached to the property rather than the owner, which passes to the new owner and repayments are added to the electricity bill
• B. A government grant for energy efficiency improvements
• C. A mortgage product with a fixed rate
• D. A loan attached to the property rather than the owner, which passes through to the new owner and repayments automatically added to the electricity bill

Answer: (D)

Green Deal finance is a loan that attaches to the property rather than the individual. When the property is sold, the obligation stays with the property and the repayments are collected through the electricity supplier, appearing as an ongoing charge on the electricity bill. This mechanism means the repayment obligation passes to the new owner and is paid automatically via the energy bill, tying the cost to the property itself rather than the person who arranged it. It’s not a government grant and not a traditional mortgage product, which is why the property-linked charge and automatic bill-based repayment are the defining features.