Ecology and The Green Party

Mortgages

We specialise in sustainable mortgages for renovation and new build properties and projects, and we're particularly interested to see derelict and dilapidated property brought back into use, or energy efficiency measures fitted into existing homes. We also support the provision of affordable housing, including housing cooperatives. 

Our C-Change retrofit scheme aims to support homeowners wanting to improve the energy efficiency of their property, with a discount of 0.25% for every grade improvement in your home's Energy Performance Certificate (EPC) from our Standard Variable Rate, currently 4.65%. 

Representative example:
A mortgage of £95,300 payable over 25 years on our Standard Variable Rate, currently 4.65%, would require 300 monthly payments of £537.85.
The total amount payable would be £161,595 made up of the loan amount plus interest (£66,055) and a valuation fee of £240 (assuming a purchase price of £200,000).
The overall cost for comparison is 4.80% APRC representative.

An early repayment charge may be payable if you repay all or part of your mortgage within the first two years.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Green Party mortgage referral offer 

Ecology will waive our mortgage application fee for mortgages referred by the Green Party. Please advise us on your application form if you wish to take up the Green Party referral offer and if you would like to be considered for our C-Change retrofit discount - to be eligible applicants will need to provide an EPC for the property before works begin.   For borrowers who request a C-Change retrofit discount, we will pay for the final EPC assessment once works to the property have been completed and evidenced. 

Find out more about our mortgages on our mortgages page; for more information, please see our leaflets: C-Change discounts, What we lend on and Current mortgage rates and charges.

 

Savings

Please note due to high levels of demand we are not accepting applications for our savings accounts, as a temporary measure.  All existing accounts continue to operate as normal. 

Green Party savings referral offer 

When we restart accepting applications, if you open one of the following personal savings accounts with a minimum deposit of £250 we'll pay £10 to the Green Party.  Please note this offer is currently on hold.  

Easy Access (restrictions apply)
90-Day Notice (available to existing members only - restrictions apply)
Foundations Cash ISA (available to existing members only - restrictions apply)

Find out more on our savings accounts page or view Our range of savings accounts and Current savings rates and charges leaflets.

Building a greener society – rethinking plastic

POSTED ON 30 January 2018
Non-executive director Alison Vipond discusses the plastic crisis in her latest building a greener society blog. At our Board meeting this month, we focussed on the crisis of plastic, and what we can all do about it. Plastic has come to the fore in recent months, and quite rightly too. The BBC’s excellent Blue Planet series, brought the crisis of ... Read more

Double award success for Ecology

POSTED ON 15 November 2017
We’ve been recognised twice in the Mortgage Finance Gazette (MFG) Awards. The awards celebrate innovation and achievement within the mortgage sector. Ecology won the Mortgage Product Innovation – Smaller Lenders award category for our pioneering work to provide mortgages for permanently affordable homes in London. Paul Ellis, Chief Executive, ... Read more

Ecology’s response to the Bank of England base rate change

POSTED ON 3 November 2017
Following the recent increase in the Bank of England base rate to 0.5% we do not currently have plans to make changes to our savings or standard variable mortgage rates. Our mission is to build a greener society and our savers’ money supports ecological building practices and sustainable communities. Maintaining our current rates for as long as ... Read more