The Ecology Building Society was established in 1981 as a mutual organisation. The money deposited by its savers is used to offer mortgages on properties and projects that help the environment. It has grown progressively as more and more people have decided to put their savings to positive use. The Ecology is based in Yorkshire but its mortgages are available all across the U.K.

The Ecology Building Society aims at trying to improve the environment by promoting energy efficient housing, ecological renovation and low-impact lifestyles. It has the following types of mortgage on offer:

Residential: Owner Occupiers
Buy to Let
Housing Associations
Charities
Housing Co-operatives

Non-residential: Charities
Woodlands
Commercial

Residential mortgages: after a two year period, all residential base rate borrowers will benefit from a discount to their interest rate if they have met the terms laid out by the Society

To qualify for this reduction, the borrower must have abided to all mortgage conditions, general and special, set by the society. They must have conducted their account satisfactorily and be in full residence of the property. If this is found to be correct this discount will be guaranteed for the remainder of the term.
All of these mortgages are based on a variable negotiable rate set by the Society.
Fees may apply depending on which mortgage product you choose

Non residential: all the rates are subject to negotiation. Fees may apply depending on which mortgage product you choose.