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Ecology Building Society revamps climate change mortgage - Vimarsana News

Ecology Building Society revamps climate change mortgage

Ecology Building Society revamps climate change mortgage By Roger Baird 12 th February 2021 9:00 am The Ecology Building Society has revamped its green mortgages for renovations and whole house retrofit, as its contribution towards the UK’s climate change targets. The West Yorkshire-based lender has introduced a new variable rate renovation product, which starts at an initial rate of 3.65 per cent while building work is underway. But once the renovation is complete, borrowers are eligible for a discount of 0.25 per cent for every energy rating step improvement, b...