Green Borrowing: You can feel good about owning a home

by Victoria Revay | January 8, 2007 at 01:58 pm

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Whether your mortgage lender requires you to donate to charities or organizations that support environmental initiatives or it won't even speak to you if you're asking to borrow for a riding staple, or a holiday or second home, it's becoming a big business to lend in good conscience.

Green mortgages work in one of two ways: either the lender will make some sort of 'donation' towards the environment on your behalf, or they will only lend on 'ethical' properties.