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Ecology Building Society adds to green mortgage range


The product has an initial rate of 3.65% while renovation works are underway.
On completion of the works borrowers will be eligible for a discount of 0.25% for each energy rating step improvement based on the EPC of the property, up to maximum discount of 1.50%.
According to the lender, the new offering is designed to encourage borrowers to upgrade their homes to a better energy efficiency rating.
Applicants can borrow up to 90% of the property’s value on a repayment basis, however up to 75% on interest-only or part-repayment and part- interest only.
In addition, for homes renovated to the exacting Passivhaus EnerPHit standard, an enhanced discount of 1.25% is applicable on completion of the works. ....

Passivhaus Enerphit , Russell Smith , Daniel Capstick , National Retrofit Programme , Ecology Building Society , Building Society , Retrofit Works , ரஸ்ஸல் ஸ்மித் , டேனியல் கேப்ஸ்டிக் , தேசிய ரெட்ரோஃபிட் ப்ரோக்ராம் , சூழலியல் கட்டிடம் சமூகம் , கட்டிடம் சமூகம் , ரெட்ரோஃபிட் வேலை செய்கிறது ,