The Warm Homes Loan Scheme launches on Stax on 12 October 2026. Shermin Finance has worked closely with DESNZ on the scheme rules, and Stax is the platform that originates and processes scheme loans. Eligibility, MCS evidence, the grant, the rate reduction and the Department's reporting are all handled inside the journey your team already uses.
Illustrative example. Information for retail partners, not a consumer financial promotion.
Information for retail partners, not a consumer financial promotion. Illustrative example for demonstration only. Rates, eligibility and terms are set by the scheme lender. Credit is subject to status.
New on Stax: the Warm Homes Loan Scheme
The Warm Homes Loan Scheme is the Department for Energy Security and Net Zero's loan scheme for home energy upgrades: government support arrives as a cheaper interest rate on the customer's loan. It launches on Stax on 12 October 2026, Shermin Finance has worked closely with DESNZ on the scheme rules, and it is built into Stax. Air source heat pumps, solar PV and battery storage, for owner-occupiers and private landlords, on terms from 36 to 120 months.
Everything about Warm Homes on Stax
Loan caps below are the maximums in the Warm Homes Loan Scheme Rules, June 2026.
Scheme maximum. Information for retail partners, not a consumer financial promotion.
Scheme maximum. Information for retail partners, not a consumer financial promotion.
Scheme maximum. Information for retail partners, not a consumer financial promotion.
Caps apply per measure. Information for retail partners, not a consumer financial promotion.
How a Warm Homes loan is built
Stax deducts the declared grant from the product value before it sizes the loan, then applies the scheme rate reduction. The customer sees one monthly payment.
Worked example on illustrative figures. Information for retail partners, not a consumer financial promotion.
Move one. The Boiler Upgrade Scheme grant, declared at quote, comes off first. The loan is sized on what is left.
Move two. Government support arrives as a reduction to the loan's interest rate of up to 5 percentage points, so the customer sees a cheaper payment. Not a cash grant.
Move three. The payment lands. One figure, one agreement, signed electronically in the same journey.
Information for retail partners, not a consumer financial promotion. Illustrative, for demonstration only. Rates, eligibility and terms are set by the scheme lender. Loan caps and the rate reduction are as stated in the Warm Homes Loan Scheme Rules, June 2026.
End to end
Choose the measure or combination. Stax checks the installer's MCS certification and what MCS has already certified at the property, declares any Boiler Upgrade Scheme or Home Energy Scotland grant, and sizes the loan on what is left.
The customer's details, declarations and tenure are captured on one page, with the quote locked alongside. Owner-occupiers and private landlords are both eligible.
The application is routed to the scheme lenders in your lineup. The customer watches the decision land and signs the agreement electronically, with the scheme rate reduction already applied.
Before any money moves, Stax validates the MCS certificate: live, matching the property and technology, installer still accredited. Stax polls daily for certificates as they are lodged.
Stax prepares the monthly DESNZ return, the daily evidence packs and the quarterly reconciliation for the lender. You do nothing extra.
Per the Warm Homes Loan Scheme Rules, June 2026. Eligibility and terms are set by the scheme lender. Information for retail partners, not a consumer financial promotion.
Stax is the origination and processing platform for scheme loans. Lenders approved for the scheme fund and service them.
Scheme Rules, June 2026.
Scheme reporting, built in
Stax assembles the five Appendix 3 templates, the daily evidence packs and the quarterly reconciliation. Lenders review, sign and upload. Joining the scheme adds no admin to your showroom.
Stax prepares the data. Lenders sign.
Book a demo and we will walk through a Warm Homes example on demonstration data.