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Millions of homeowners could be trapped in unsellable houses if the Government presses ahead with a green mortgage scheme, MPs warned last night.
They claimed that proposals which would make it harder to get a mortgage on poorly-insulated homes could be a 'green cladding scandal in the making'.
Under the plans, lenders would have to disclose the energy performance of properties in their portfolio – and set voluntary targets to improve the insulation of their houses.
Ministers hope it would encourage buyers to make their homes more energy efficient – but it could leave those who cannot afford to make the changes struggling to re-mortgage or sell.
Last night MPs said the proposal would turn many homeowners into 'mortgage prisoners' trapped in unsellable houses, like the victims of the cladding scandal.
Millions of homeowners could be trapped in unsellable houses if Boris Johnson's Government presses ahead with a green mortgage scheme, MPs warned last night
Tory former minister Steve Baker told the Daily Mail: 'Once again we see the cost of net zero spiralling beyond people's expectations.
'We've got enough trouble with mortgage prisoners without net zero making more of them.'
Liberal Democrat leader Sir Ed Davey, a former energy minister, told the Mail that the 'ill-conceived plans will
