Paradigm has added Ecology Building Society to its lender panel, bringing a spread of inexperienced house loans to the community.
The mortgage membership distributor says the partnership supplies its member companies with unique entry to the mutual’s vary of residential, group and buy-to-let mortgage merchandise, all designed to assist debtors whose properties or initiatives have a constructive environmental or social influence.
The constructing society caters to a various vary of debtors and properties, from these constructing to Passivhaus requirements, to patrons of non-standard building properties, reside/work models, or properties with agricultural ties.
It additionally helps community-led housing, together with housing co-operatives and co-housing schemes.
The lender makes use of a bespoke, case-by-case underwriting method, which it says is “helpful for advisers working with debtors who’re enterprise non-standard or complicated initiatives”.
Its lending is UK-wide, together with rural and distant areas.
The society additionally provides a C-Change incentive, which rewards debtors with discounted mortgage charges primarily based on enhancements they make to the vitality effectivity of their property.
Paradigm director of mortgages Richard Howes (pictured) says: “We’re very happy to be the primary mortgage membership distributor to add Ecology Building Society to our lender panel.
“Their versatile, bespoke underwriting and deep understanding of sustainable housing means they’ll assist a variety of initiatives that different lenders might wrestle to take into account.”
Ecology Building Society senior mortgages product and proposition supervisor Daniel Capstick adds: “As extra individuals look to reside extra sustainably and produce down their carbon footprint, we all know brokers may help us to attain a wider viewers.”
