"We have reduced our carbon footprint in recent years, and we hope this new mortgage product will support our members to do so too"
Leeds Building Society has launched a new green mortgage to reward homeowners for energy efficiency.
The new mortgage product factors in a property’s Energy Performance Certificate (EPC) rating to offer preferential rates for the most energy-efficient homes.
The two-year fixed rate mortgage will be available up to 90% LTV at a rate of 6.34%, available on residential property purchases with an EPC rating A-C.
The product has no application or completion fees and offers a free standard valuation and tapered early repayment charges.
Jonathan Thompson, Leeds Building Society’s senior mortgage manager, said: “Ensuring we are building a greener planet is at the heart of our purpose, putting home ownership within reach of more people, generation after generation.”
“As a responsible business we are committed to the orderly transition to a greener, net zero economy by 2050. We have reduced our carbon footprint in recent years, and we hope this new mortgage product will support our members to do so too by rewarding those choosing to live in the most environmentally friendly homes.”
