Ecology Building Society has made rate reductions across Self-Build and Eco Home products.

The society has lowered the rate on its Self-Build Mortgage product by an additional 0.25%, and has a new rate of 5.99% variable.

It has also cut the rate on its newly-launched Eco Home Mortgage to 4.90% variable.

This product is available to homes with an Energy Performance Rating of B* or above, and includes a full-term ‘eco home’ discount of 1.14%.

The society’s standard variable rate (SVR) by 0.25%, across its whole range of residential and commercial mortgage deals.

The lender’s residential products include loans for energy-efficient conversions and renovations, while its range of commercial mortgages offers lending solutions to community housing schemes, sustainable housing developers and charities.

Ecology Building Society senior mortgages product and proposition manager Daniel Capstick says: “We’re pleased to make these rate reductions as part of a review across our mortgage range.”

“It’s important that we ensure our products, whether mortgages or savings, remain aligned with the reasons Ecology was created back in 1981 – to support the building of sustainable homes and communities.”

Last month, Ecology Building Society announced the launch of its Eco Home Mortgage.