Ecology Building Society and The Green Party
Building a greener society together. We are dedicated to building a more sustainable future, by supporting transparent, ethical savings and lending on properties and projects that respect the environment.
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%.
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.
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.