In a young person’s name (16-17 years old)
An account can be opened by a young person aged 16 or 17 with a cheque or a payment from an account in their name.
Alternatively, a parent or relative can provide:
- a cheque (drawn on their own personal current account);
- a bank or building society cheque (supported by an investment account statement from the relevant bank or building society); or
- a bank transfer from an account.
A covering letter must also be provided confirming the money is being given to the young person and how they are related.
We will need to verify the identity and address of the young person. For details of how this is done, please read the Savings account identification requirements leaflet.
On behalf of a child (as a trustee)
An account can be opened by a parent or relative as a trustee for a child of any age if the parent or relative makes an initial deposit from an account held in their name. Applicants (the parents or relatives) must each have their identity verified in accordance with the information provided in the Savings account identification requirements leaflet specified for individual’s identification requirements. The application should be accompanied by a Birth/Adoption certificate (original only), NHS Medical Card or National Insurance notification letter.
In a child’s name
An account can be opened in a child’s name if a parent or relative makes an initial deposit from an account held in their name and includes a covering letter, confirming the money is being given to the child and how they are related.
Important note: If an account is to be opened in a child’s name, the child must understand how the account will operate and be able to sign their own name.
The application should be accompanied by three items:
• A photocopy of the child’s birth certificate
• A photocopy of the child’s passport, medical card, school/college ID card or bus/train pass
• An original letter from the child’s school/college, doctor or dentist specifically referring to the child.
On behalf of a child (as a trustee)
An account can be opened by a parent or relative as a trustee for a child if the parent or relative makes an initial deposit from an account held in their name. Applicants (the parents or relatives) must each have their identity verified as specified for individual’s identification requirements. The application should be accompanied by a photocopy of the child’s birth certificate.
Ecology uses Mimecast to send emails that may contain sensitive information. Using Mimecast is a trusted and secure way for us to send you emails about your account.
In order to log in to Mimecast to view the email that we have sent to you, you will need to enter your username (the email address registered to your account) and a password. If it is the first time that we have sent you a secure Mimecast email, you will receive a password via email. You will need to change this to a password of your choice once you have logged in.
Please note, the log in details for the Mimecast secure email service are different to those required for Ecology’s online account service.
For us to apply the C-Change sustainable homes or C-Change retrofit, once your work is complete you need to provide an Energy Standard certificate and, if applicable an Architect or Building Control certificate. Or, for us to apply the C-Change energy improvement discount, please send us all invoices for qualifying works.
The discounts are only applied to our Variable Rate from the date we receive evidence that the work has been completed and, if applicable, the Energy Standard rating required has been achieved.
How we work out your buy-to-let Variable Mortgage Rate:
Buy-to-let Variable Rate (VR) minus C-Change discount = Variable Mortgage Rate