PTSB first lender under new low-cost retrofitting scheme

Environment minister Eamon Ryan said he expects all main banks to join scheme in coming weeks

Further details on the eligibility rules and other operational aspects of the scheme are due to be announced on Wednesday.

PTSB is to become the first retail lender to provide loans under the government’s new low-cost retrofitting scheme which is to be launched this week, Eamon Ryan has said.

The scheme, which is supported by the European Investment Bank, was announced last October by the environment minister and Green Party leader.

As part of the plan, homeowners will be allowed to borrow between €5,000 and €75,000 on an unsecured basis for a term of up ...