March 30, 2010 11:00 ET

Home Owners Should Consider Making Simple Improvements Prior to Taking Out a 'Green Loan', According to Ratedpeople.com

LONDON, UNITED KINGDOM--(Marketwire - March 30, 2010) - Home owners looking to take out loans in order to make green home improvements should first consider cheaper alternatives according to Ratedpeople.com, the UK's largest match making service for home improvers and recommended tradesmen.

Whilst recent news of the governments 'Pay As You Save' scheme means that steps are finally being taken to encourage home owners to adopt a greener way of living, the methods which the government has suggested have prompted some apprehension. Under the plan, consumers would have to pay off long-term loans needed to finance the installation of green property improvements such as solar panels and efficient insulation.

The government has predicted that if consumers incorporate more environmentally friendly features into their homes, then carbon emissions will fall to around 29% by 2020. However there are a number of alternatives that home owners can adopt immediately, meaning they may not need to take out any form of loan in the future, such as draft proofing around windows and doors. Heat escaping from a property can result in high energy bills, and by identifying and blocking any draughts, home owners can save themselves money and reduce the amount of energy wasted by their home.

As part of the 'Pay As You Save' Scheme home owners are also advised to fit better loft insulation. Effective loft insulation can be achieved by using eco-friendly material such as sheep's wool, but it is advisable to contact a local loft conversion specialist or builder so that they can recommend which material is right for both the property and budget available.

Andrew Skipwith, CEO of Ratedpeople.com commented: "If home owners do all that they can to improve the amount of energy escaping from their home, they may not need to take out the loan available through the 'Pay As You Save' Scheme. By making relatively simple changes, home owners can save themselves a substantial amount in the long run."

Ratedpeople.com helps home improvers find recommended tradesmen quickly and easily. You can choose from 24 different trades and find tradesmen such as local roofers, loft conversion specialists, and window specialists.

Every month, Ratedpeople.com manages over £30m in home improvement projects and more than 1,000 tradesmen sign up, making it the UK's largest match making service for home improvers and recommended tradesmen. There are more than 55,000 ratings on Ratedpeople.com to date and its system ensures that tradesmen are only rated by previous customers who find them through the site. This results in one of the fairest and most robust rating systems on the web.

For further information on how to source a recommended tradesman in your area, visit Ratedpeople.com.

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