Green Home

Make the green choice for your home

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Purchase or construction of environmentally friendly home

Renovation and upgrade of home energy efficiency

Discount on interest rate of housing loan

Long repayment period

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Pricing benefit

Homes with Grade A energy efficiency

  • 0.15% discount on the housing loan interest rate

Homes with Grade B energy efficiency

  • 0.10% discount on the housing loan interest rate

Loan amount

Up to 80% of the primary residence value

The remaining 20% (own contribution) is, either paid by the customer in cash or financed by the Bank with additional mortgage on another property

Duration

30 years or until the customer reaches 65 years of age (whichever comes first)

Grace period

Up to 24 months

A greener energy efficient home, rewards you with a lower interest rate

At Hellenic Bank, we focus on sustainable lending and environmentally friendly financing.

“Green Home” loan is your chance for an environmentally friendly life.

In acknowledgement of your interest for a sustainable future, we offer you a discount on the interest rate of the housing loan granted by our Bank. 

Financing Purposes

  • Purchase or construction of Grade A or B energy efficient primary residence
  • Renovation and upgrade of energy efficiency of primary residence to Grade A or B

Interest rates

  • A discount on the interest rate of the Bank’s housing loan is provided by the Bank, if the necessary certificates/ supporting documents are provided, based on internal procedures of the Bank.
It is noted that the offered interest rate is differentiated based on criteria evaluated and applied by Hellenic Bank.

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Help and support

Need help? You can always contact us with any questions you may have, but first check our FAQ list to see if the answer's already here.

What documents do I need to provide?

Identification documents

•   Identity card for Cypriot Nationals
•   Passport for foreigners
•   Proof of permanent residence (recent utility bill)


Source of income

Employees of the private/ public sector

•   Payslips from the last three months
•   Supporting documents for any other source of income (if applicable)

Self- employed

•   Income Tax form or Social Insurance statement or other supporting documents


Information on the property to be financed/ mortgaged

•   Title deed
•   Planning permit or relevant certificate from an architect
•   Building permit for construction or in case it is pending, an application certificate along with a declaration by a professional
•   Timetable and cost analysis signed by a professional (e.g. Quantity Surveyor, Civil Engineer)


For the property valuation, the architectural plans must be submitted.


The above supporting documents required for the assessment of your loan application are indicative and may be differentiated depending on each case. For more details please contact your Relationship officer.

What are the types of charges/ costs that I need to be aware of?

For the granting of your loan, the Bank may charge you legal documentation and/or loan arrangement fees depending on the type of loan and as denoted by the features of each product.

In addition, certain fees must be paid to others and such fees mainly relate to property valuators for the valuation of the property, life/ property insurance costs and Government fees regulated by law, such as:

•    Cost for the registration of the property to Land Registry Office
•    Stamps for loan documents paid to the Commissioner of Taxation
•    Fees paid to the Land Registry Office in cases where transfer of ownership is needed

The above costs will be explicitly referred in the respective loan documents and you also have the option of including certain fees in the amount of the loan.