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 – heat wave blues

POSTED ON 2 August 2018
Behind this summer’s clear skies, climate pressures are mounting. As areas of the UK look set to return to above-average temperatures, Ecology non-executive director, Alison Vipond, considers what’s driving the extreme weather conditions in the UK and around the globe, and why – more than ever – we need a unified approach to climate ... Read more

Earth Overshoot Day: how can we reduce the impact of our buildings?

POSTED ON 24 July 2018
As Earth Overshoot Day looms large, we consider five ways to improve the environmental performance of the UK’s homes and buildings.  Ongoing speculation about the trajectory of interest rates – and the UK economy more generally – has dominated recent headlines. Economic indicators, like household debt and earnings, have come under close ... Read more