Paradigm has become the first mortgage club distributor to add Ecology Building Society to its lender panel.
The new partnership will give members of the mortgage, protection and compliance services provider access to Ecology’s range of residential, community and buy-to-let mortgage products, which are designed to support borrowers whose properties and projects have a positive environmental or social impact.
The society specialises in mortgage lending for sustainable projects, including energy-efficient self-builds, eco-renovations, conversions and retrofits.
Ecology supports a range of borrowers and properties, such as those building to Passivhaus standards, buyers of non-standard construction homes, live/work units or properties with agricultural ties.
The society also offers a C-Change incentive which rewards borrowers with discounted mortgage rates based on improvements they make to the energy efficiency of their property. The more they cut their carbon footprint, the greater the discount.
Director of mortgages at Paradigm, Richard Howes, said: "We’re very pleased to be the first mortgage club distributor to add Ecology Building Society to our lender panel. Their commitment to financing greener, more sustainable housing is both unique and incredibly relevant in today’s market, where many clients are choosing to renovate or build with the environment in mind.
"Their flexible, bespoke underwriting and deep understanding of sustainable housing means they can support a wide range of projects that other lenders may struggle to consider. We know this will be a valuable addition for our member firms and look forward to working with the team at Ecology to help bring more sustainable homes to life."
Senior mortgages product and proposition manager at Ecology Building Society, Daniel Capstick, added: "We’re very glad to be joining Paradigm’s panel, which will support our ambitions to grow the reach and impact of our green mortgage lending.
"As more people look to live more sustainably and bring down their carbon footprint, we know brokers can help us to reach a wider audience. We’re excited to share our knowledge to support Paradigm brokers and their clients, including for specialist projects, complex cases and builds using non-standard construction."
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