About Ecology building society
Ecology Building Society: Building a Greener Society through Sustainable Mortgages and Ethical Savings Accounts
Ecology Building Society is a financial institution that is committed to building a greener society through sustainable residential and commercial mortgages funded by ethical savings accounts. The company was founded in 1981 with the aim of promoting sustainable development by providing finance for environmentally-friendly projects.
The society's mission is to help people live in homes that are energy-efficient, healthy, and affordable. They believe that everyone has the right to live in a home that meets their needs without compromising the environment or future generations' ability to meet their own needs.
Ecology Building Society offers a range of mortgage products designed for people who want to build or renovate eco-friendly homes. Their mortgages are available for properties built using sustainable materials, such as timber frames, straw bales, or hempcrete. They also offer mortgages for properties with high levels of energy efficiency, such as those with solar panels or ground-source heat pumps.
In addition to residential mortgages, Ecology Building Society also provides commercial mortgages for businesses looking to invest in green technologies or renewable energy projects. These include wind farms, solar parks, hydroelectric schemes and biomass plants.
One of the unique features of Ecology Building Society is its ethical savings accounts. These accounts allow savers to earn interest on their money while knowing it will be used only for lending purposes consistent with the society's environmental and social objectives. The funds deposited into these accounts are used exclusively for financing eco-friendly projects like renewable energy installations and sustainable housing developments.
Ecology Building Society has been recognized as one of the UK's leading ethical financial institutions by Ethical Consumer magazine since 1990. This recognition reflects their commitment not only to environmental sustainability but also social responsibility.
The company operates on principles based on transparency and fairness; they believe that customers should have access to clear information about how their money is being used so they can make informed decisions about their investments. They also believe in treating customers fairly and providing them with excellent customer service.
Ecology Building Society is a member of the Building Societies Association, which represents building societies and other mutual financial institutions in the UK. The society is also regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA).
In conclusion, Ecology Building Society is a financial institution that is committed to building a greener society through sustainable residential and commercial mortgages funded by ethical savings accounts. Their mission is to help people live in homes that are energy-efficient, healthy, and affordable while promoting sustainable development. With their unique mortgage products designed for eco-friendly homes and renewable energy projects, they are leading the way towards a more sustainable future.