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Ethical Mortgage Lenders

Banks, building societies and the lending arms of insurance companies can be regarded as ethical for a variety of reasons.

They may have policies of only lending against social and or environmentally responsible projects or buildings.

They may lend more widely but have strong ethical policies. For example, The Co-Operative Bank and the Norwich and Peterborough Building Society both pursue policies of linking their lending to reforestation schemes.

 

Being a mutually owned building society can be viewed as being ethical in that profits are ploughed back into the business for the good of borrowers and investors.

Ethical lenders can also be building and societies and banks that either do not lend to companies, only to individuals, or if they do make commercial loans lend only to companies that match up to their socially responsible and ethical lending criteria.

So someone looking for an ethical mortgage can look at their own ethical criteria in a number of ways. It very much depends on how ethical you want your mortgage and / or its provider to be.

There are many kinds of ethical investment available nowadays, including mortgages. Visit us at www.Mortgages.co.uk for more information.

 

UK Investments - Financial, Property & Other Investments - 1998-2008

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