Green Mortgages In the United Kingdom

A green mortgage, aims to reduce negative impact on our environment. The lenders that offer this package will often make contributions to charities that support the environment or the welfare of the less fortunate. Some will only finance houses that are seen to be environmentally sound. In addition to this most lenders will not work with businesses that are known to pollute or damage the environment in any way.

At the moment there are only three lenders that offer the ‘green mortgage’ package; The Co-operative Bank, The Norwich & Peterborough Building Society and The Ecology Building Society. One thing that all these lenders have in common is that they all support reforestation schemes, so when you take out mortgages with them, you know that you are helping the environment.

Additional benefits

Often you will be able to take out a package, where your household emissions and energy usage will be monitored, therefore you can benefit from the knowledge that you are causing less damage to the environment, and you can save money on you electricity/gas bills!

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Green Mortgages In the United Kingdom