|
|
Article: Nationwide shuns green mortgages.
- Article from:
- Financial Advisor
- Article date:
- April 19, 2007
CopyrightCOPYRIGHT 2007 FT Business. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Buyers think green says survey, but lender steers clear
Green mortgages
The environmental-friendliness of a house is a key factor for buyers according to research from the Nationwide, although the lender itself still has no plans to offer a 'green' mortgage.
This follows in the wake of last month's Budget which appeared to show the chancellor backing energy-efficient homes over green mortgages, as well as mainstream rival HBoS announcing that it would be bringing an environmentally-friendly mortgage to the market in the next 12 months.
According to the research, 82 per cent of respondents faced with two similar value ...