Strong Growth for green building society

During the first six months of the year, assets grew by 6.43 per cent to £42,249,813.

Demand for Ecology’s environmentally conscious mortgages continued unabated, with total advances of £4.3 million for the period. Every Ecology mortgage had some environmental feature or payback, whether it be renovating derelict and run down property or using sustainable materials and energy saving technology to self build new homes.

Commenting on the results, chief executive Paul Ellis said: “We are delighted with the performance. The figures reflect a growing appetite amongst many consumers for financial products which combine value for money with the feeling that they are doing something positive to help the environment.”