Ecology Building Society has joined the Simplybiz panel, giving members access to its full range of green mortgages.
The lender offers deals for energy-efficient homes, eco-renovations, conversions and retrofits, as well as community-led housing projects.
A key feature of its range is the C-Change discount, which reduces mortgage rates based on improvements borrowers make to their property’s energy efficiency.
The greater the reduction in carbon footprint, the bigger the discount.
Ecology Building Society senior mortgages product and proposition manager Daniel Capstick says: “Our impact-led lending is designed to support properties and projects which have positive environmental and social benefits and we’ve been adding to our product range this year.
“We know there’s a growing market in homeowners wanting to live more sustainably and brokers can help us to reach those buyers and remortgagers who are looking for a truly ‘green’ mortgage.
“As specialists in ethical finance for more than 40 years, our team has extensive knowledge to support Simplybiz Mortgages’ member firms and their clients, whether that’s for complex cases, non-standard construction or energy-efficient self-builds.
“We continue to invest in our technology, including a new mortgage origination system which will be launching very soon.
“We’re also strengthening our business development manager and underwriting team, to support our bespoke, case-by-case approach and ensure we offer the best service we can to intermediaries.”
Simplybiz Mortgages head of lender relations Phil Daffern says: “Having had a sharp focus on the green agenda for over five years and assessed the market offering across a range of lenders, we are particularly pleased to be able to welcome Ecology to the panel.
“Their addition offers our members, and ultimately their clients, access to experienced specialists in this field, who have made it their mission from the outset to offer an ethical approach, supporting the environment and sustainability across the UK’s new and existing housing stock.
“We are already seeing significant shifts in requests for support for more climate-friendly developments and this will only continue to grow as we all grapple with how to make our impact more environmentally neutral.
“The addition of Ecology will ensure our members are perfectly placed to offer additional choice from specialists focused on the delivery of purpose-built supportive solutions.”
