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Article: Green mortgages spring up

Article from:
The Northern Echo
Article date:
April 7, 2007
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THE demand among UK consumers for environment-friendly financial products may soon be satisfied, with the arrival of a spate of green mortgages and 'eco home loans' from lenders.Eight out of ten consumers would choose to buy a green product in favour of a traditional one to try to combat climate change, says recent research from Co-operative Financial Services."They may get their way - in his March Budget the Chancellor talked up the benefits of a new market in green products, prompting several providers to unveil plans for such vehicles.HBOS's new offering will focus on home buyers."Green finance is clearly an area where lenders can play an important part, " said Peter Jackson, head of ...

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