A Green mortgage aims to reduce negative impact on our
environment. The lenders that offer this package will often
make contributions to charities that support the environment
or the welfare of the less fortunate. Some will only finance
houses that are seen to be environmentally sound. Most lenders
will not work with businesses that are known to pollute or
damage the environment in any way.
At present there are a limited number of lenders offering a
‘green mortgage'. The ones that do all support reforestation
schemes, so that you know when you take out a mortgage with
them you are helping the environment. Also some schemes will
monitor household emissions and energy usage, saving money on
bills and causing less damage to the environment.