Foundation brings out new green mortgages

Essex Home Finance
“As one of the first specialist lenders to enter the ‘Green’ mortgage market, we remain committed to innovating ‘Green’ product options for both landlords and owner-occupier borrowers."
The latest Finance and Property News2

Foundation Home Loans has launched a number of green mortgages for both landlords and owner-occupiers.

Named ‘Green ABC+’, the products offer cashback ranging from £250 to £750, depending on the Energy Performance Certificate of the property being funded.

The buy-to-let mortgages are available at up to 75% LTV on five-year fixes starting at 3.14%. Additionally, they charge a product fee of 0.5%.

Borrowers can be individual or limited companies, of the portfolio or non-portfolio type.

The owner-occupier mortgages are available between 75% LTV and 85% LTV and come as two-year fixes at starting at 3.04%, with a product fee of £595.

They can be taken out on a capital repayment basis or interest-only.

Foundation Home Loans commercial director George Gee comments: “Energy efficiency amongst UK housing stock is only likely to become more central to the government’s green agenda.

“As one of the first specialist lenders to enter the ‘Green’ mortgage market, we remain committed to innovating ‘Green’ product options for both landlords and owner-occupier borrowers.

“Although the government regulations currently only affect properties in the private rental sector, our research shows there is a growing demand for ‘Green’ mortgage products amongst owner-occupiers too, and increasing demand from both groups for environmentally-friendly housing stock.”

Original Article from Mortgage Strategy 14/10/21

Get In touch

Leave this field blank
Mobile / Home Number
Please choose the closest match to your Mortgage Needs
  • Choose
  • First Time Buyer
  • Help To Buy
  • Homemover
  • Remortgage
  • Buy to Let
  • Equity Release
  • Insurance
  • Home Utilities
  • Nothing found
Essex Home Finance

(01245) 398466

Call Anytime

Address : 8 Kingsdale Business Centre, Regina Road, Chelsmford, Essex, CM1 1PE

Essex Home Finance Ltd is an Appointed Representative of Mortgage Intelligence Ltd which is authorised and regulated by the Financial Conduct Authority under number 305330 in respect of mortgage, insurance and consumer credit mediation activities only.

Registered address: 1 High Street, Chelmsford, Essex, CM1 1BE.

Registered in England & Wales under number 10607263.

Your home may be repossessed if you do not keep up repayments on your mortgage.

We do not charge for Residential First Time Buyers, Residential Home Movers, Residential Remortgage, and all Product Transfers (Residential or Buy to Let).

There will be a fee for all Buy to Let Purchase and Buy to Let Remortgage cases. Typically our fee will be £149, payable on Offer. We will agree any fees with you before we proceed with your case.

There will be a fee for all Equity Release Mortgage cases. Typically our fee will be £695, payable on Offer. We will agree any fees with you before we proceed with your case.

We always aim to provide a high quality service to our customers. However, if you encounter any problems and we are unable to resolve them you can take your complaint to an independent Ombudsman. 

Our advice is covered under the Financial Ombudsman Service.  You may be able to submit a claim through the  EU Online Dispute Resolution Platform If you live outside the United Kingdom or if you prefer not to deal directly with the Financial Ombudsman Service.