The green mortgage market has expanded from four products on offer in 2019, to over 60 available today.
21st August 2024
The green mortgage market has expanded from four products on offer in 2019, to over 60 available today.
Jonathan Stinton, head of intermediary relationships at Coventry Building Society, discusses the current knowledge gap in the sustainable financial products available to homeowners,...
The changes will increase the mortgage borrowers could access by up to £13,000.
The range has launched with four residential and buy-to-let products.
Almost half (49%) of mortgage lenders and a third (32%) of advisers would welcome the restoration of EPC regulation.
The next phase will see Perenna lead the design, development and pilot of its green long-term fixed rate mortgage product.
65% of advisers say their clients have not heard of green mortgages and don’t understand them.