London’s Green MEP, Jean Lambert, has welcomed the 30th anniversary of the ethical savings and green mortgage provider Ecology Building Society as proof that ‘green mortgages are bucking the trend’.
A building society with a difference, Ecology promotes the concept of sustainability by specialising in properties that contribute to an ethical and green future in terms of construction, land use or lifestyle .
Initially conceived at a Green Party conference following the experiences of a Yorkshire solicitor who struggled to find anyone willing to give him a mortgage on a property needing extensive renovation, Ecology is now one of the fastest growing building societies in the country with over 10,000 accounts and assets exceeding £60 million.
Speaking at the Ecology 30th Anniversary Conference, Jean, a founding member of Ecology, said: “The EBS has helped support innovation in the building sector and in lifestyles: it is helping to show that sustainable is practical. I am proud of what the Society has achieved and that it remains a mutual society to this day. This is a successful institution which is not out to maximise profit but to extend possibilities.”
Notes to Editor:
1. Ecology was the first lender to offer green mortgages and has been doing so since 1981. For further information, please visit www.ecology.co.uk