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Why Choose Us

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5-star reviews on Google
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years we have been as independent mortgage and protection brokers
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customer satisfaction for finding the best deals on the UK market
£ 0
total donated to various charities

Why Choose Ascot Mortgages

0 %
5-star reviews on Google
£ 0
total donated to various charities
0
years we have been as independent mortgage and protection brokers
0 %
customer satisfaction for finding the best deals on the UK market

Are you considering a new mortgage, and want to make a difference for the environment? If so, a Green Mortgage could be an excellent choice. Not only does it contribute to a greener, more sustainable future, but it can also save you money on interest and improve the energy efficiency of your home.

What Our Clients Say About Us

5.0 Based on 122 reviews from review us onLucy B. ★★★★★ Having Phil as my mortgage advisor was great from the very start! He is down to earth and speaking to him was always a pleasure. The kindness, compassion and support I have been given all the way through what can be a stressful process was immeasurable. Phil and Jardelle worked as a solid team and was able to make me feel at ease all the way through buying my first home. The team were always available and the communication between everyone was always clear and I felt safe in the hands of the company as a whole. Thank you for helping me buy my first home!Flora R. ★★★★★ I worked with Richard (Protection Adviser) for a couple of days to sort out life and critical illness insurance. Absolutely brilliant, he found me and my husband the perfect policy. Very knowledgeable and easy to get on, he definetely makes things easy to understand. Thank you for the great service provided.Matthew R. ★★★★★ I've dealt with Phil at Ascot Mortgages for a while now and Phil always comes back back to me with the right plan.Keep the good work up!rafal W. ★★★★★ I would thoroughly recommend Phil Greenwood at Ascot Mortgages ltd to anyone looking to seek advice on purchasing a home.Phil was absolutely fantastic. He made the process very smooth and easy and was always there to answer any questions I had.Shahid L. ★★★★★ This company has been truly amazing in constantly giving me the support and help i need for my mortgage and for their continuous work ethic guiding customers like myself and educating them into making the best possible decisions. My special mention goes to Phil Greenwood who deserves every single credit for his brilliant work and communication skills. The more I got to work with Phil, the more he gained my respect as he is a hugely likeable man and possibly the best mortgage advisor yet. Even after I finished my time with Ascot Mortgages, I will never lose my trust in the company and I hope they exceed their business and gain even more success and popularity.Best wishes,Shahid Latif and familyPretty L. ★★★★★ Phil helped me renew my mortgage. He was great at keeping me updated with any rate changes and secured a lower rate than at the time my mortgage went through. Thank you Ascot for your supportNikki E. ★★★★★ Huge thanks to Richard Johnson for sorting out all of my insurance policies! I had accumulated a variety of life cover and various other policies over the years that all needed a good review and refresh. Richard was extremely patient and helped me to remove the duplication and choose the best cover to suit our current needs. I have used Ascot Mortgages for over 12 years and have met several members of the team, always finding the right help and support to work through what can be a complicated and stressful time. Thanks again, Richard!Aamir R. ★★★★★ As first time buyers we had very little understanding of how to go about applying for a mortgage. Phil was so helpful in cutting through all of the formalities and helping us to decide which mortgage would be best for us also ensured we collated all the details needed and kept us up to date on progress. The process of finding the right house was very stressful but the process of choosing and applying for the mortgage and life cover has been so straight forward that, at times, we were worried it was all a bit too smooth! Thank you for guiding us through this so professionally and with real understanding and personality.Andrew T. ★★★★★ Working with Richard at Ascot has been a great experience. He listened to us and was very professional throughout. This was our first experience with Richard but we've been using Ascot now for 6-7 years. Thank you all at AscotAngie B. ★★★★★ Always give a great service and find you a mortgage in a timely fashion.Alison is awesomeAndrew M. ★★★★★ We have used Ascot Mortgages for over 5 years now and have had excellent service throughout, primarily with Alison and Kevin. Our latest dealings have been with Richard Johnson who although new to us (and to Ascot I believe) has once again provided the 5 star level of service we have come to expect. His product knowledge is excellent offering a range of options supported with consistent communication and updates, always available on the phone or on email every step of the way.Ali H ★★★★★ Excellent service, a big thanks to Natalia Barry for her excellent support with my buy to let mortgage application, Natalia was professional, transparent, and kept me informed during all the process, and thanks to Jason jones for his assistance and support.david R. ★★★★★ I have dealt with Ascot for many years now and will always go back, recently had all my insurances re done by Richard Johnston at the firm, excellent service, communication and swift actions by Richard. Great deals on all three insurances and would recommend anybody to go to Richard for help. Thanks Richard 👍Eve Alexandra C. ★★★★★ We used Ascot Mortgages to purchase a home as first time buyers, Ellie assisted us with this and went above and beyond to ensure everything went smoothly, all questions were answered, and any queries were solved.As first time buyers, myself and my partner were quite nervous and clueless as to what to expect when getting a mortgage and what not, and Ellie made this so simple and explained everything in a way that we thoroughly understood what was happening with our house buying journey, without it being pure jargon.I can't thank Ellie enough, she truly has been a star during the whole experience and is an asset to Ascot Mortgages.She is someone who I would definitely recommend to friends and family if the opportunity arises, and has made this whole experience a very stress free and exciting one!Thank you for everything Ellie!Emma W. ★★★★★ Alison helped me to get the right mortgage for my current situation and was very supportivehelen L. ★★★★★ Phil Greenwood dealt with my recent remortgage, he made sure I had the best product to fit our HMO criteria. Then chased solicitors for me and made sure I completed around the date I wanted to avoid my ridiculous rate I was about to be switched to. Thanks Phil, great job! Ready for my next mortgage now so I will be coming back 🙂Mark C ★★★★★ Excellent service from an excellent representative. Very professional and helpful company. Thank you for all your helpDamian L. ★★★★★ I recently purchased a buy-to-let from Auction and Ascot Mortgages, in tandem with Ascot Bridging Finance, supported me through the whole process. Once the property purchase via a bridging loan was complete, Ascot Mortgages worked out the best options for me, despite the Banks rising interest rates and spiralling UK inflation and managed to secure me a competitive mortgage rate for that property. I wouldn't hesitate in going back to Ascot Mortgages in the future and look forward to working with them again in the near future. Thank you for everything you've doneJuliet B. ★★★★★ Thank you to Alison for helping us and sorting out our mortgage. Swift, reliable and very helpful. Very much appreciated. God bless you abundantly 👍👌🤝gareth P. ★★★★★ Been with Alison and team for more than 25 years. Needless to say, very happy...Jo T. ★★★★★ We have been using Ascot Mortgages for the last few years and they have done 11 buy to let products for us.We have found Alison, Phil, Jason, Jardelle and the team to be excellent at finding the best product for us and to work at pace when we are buying from auction and have a deadline to meet.Communication is very good and nothing is too much troubleBen H. ★★★★★ I can't recommend Ascot Mortgages highly enough.We have used them for all of our Mortgages . They are professional and friendly and have walked us through all our options, they always have the time to talk to you and go the extra mile to get you the best deal. It wont be long till I'm calling on their services again, I wouldn't go anywhere else.If you want a mortgage, there's only one place to go!Dog J. ★★★★★ Ascot went the extra mile to help me acquire a mortgage. With the help of Jason and Ellie I was able to get a competitive rate after 3 other firms had told me they couldn't help me. Great levels of communication throughout, I would highly recommend!Ursula B. ★★★★★ Alison was very friendly and professional in securing the right bridging for us and at a very competative price. This ensured that we were able to place an immediate offer and not miss out on our forever home. Later her help and support in finally getting our completion over the line was nothing short of a miracle. I would strongly recommend both Alison and the team at Ascot Mortgages.primrose C. ★★★★★ ALISON IS BY FAR THE BEST IN THE GAME. ALL WE CAN SAY IS THANK YOU SO MUCH. They are passionate on customer service, even in my frustrated time Alison, Jadelle, Ellie I could name them all. May the good LORD BLESS YOU.js_loader

Written by:

Alison Gibson

Ascot Mortgage Expert

Last Updated:

04.09.2023

Written by:

Alison Gibson

Ascot Mortgage Expert

Last Updated:

04.09.2023

What is a Green Mortgage?

A green mortgage, also known as an eco mortgage, is a type of loan offered by lenders to encourage homeowners and property buyers to make their homes more energy-efficient. These mortgages typically offer lower interest rates or larger loan amounts to those purchasing an eco-friendly, or ‘green’ home, or those committed to making energy-efficient improvements to their property. 

One of the central aspects of a green mortgage is the Energy Performance Certificate (EPC) rating of the property. The EPC assesses and rates the property’s energy efficiency, from A (most efficient) to G (least efficient). Generally, to qualify for a green mortgage, your property must have a high EPC rating, demonstrating a lower environmental impact and increased efficiency.

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How much could you save with a Green Mortgage?

While green mortgages may require initial costs for home improvements to build and enhance your property’s energy efficiency, they often offer preferential interest rates or discounts. This means the money you spend upfront can be offset by long-term savings. Also, improved energy efficiency typically leads to lower energy bills, meaning further savings on a month-to-month basis. It’s a win-win for your wallet and the climate.

Why are we offering a Green Mortgage?

As mortgage lenders, we recognise the crucial role we can play in combatting climate change. By incentivising energy-efficient homes through various discounts, we’re promoting a more sustainable property market and contributing to broader environmental targets. It’s not just about the financial benefits for homeowners; it’s about working together to build a greener future.

What is an Energy Performance Certificate?

An Energy Performance Certificate (EPC) is a document that provides an energy efficiency rating for your property. It includes recommendations on how to build upon this rating and, subsequently, reduce your energy costs. An EPC is a crucial element in qualifying for a green mortgage deal.

Are all properties required to have an EPC?

In the UK, an EPC is generally required whenever a property is built, sold, or rented. However, there are some exceptions. It’s best to check with an accredited broker or estate agent to ensure your property meets the requirements.

Alison Gibson

Ascot Mortgage Expert

Remortgage

Remortgaging is applied when you keep

living in your present property while applying for another mortgage deal with a new lender. Before finding out how to remortgage and get the best offers from experts like Ascot Mortgages, you have to check meeting what parameters of the deal that can help you succeed the most. The range of background factors varies a lot — from the recently changed loan-to-value ratio or your existing agreement coming to an end.

Whether you are trying to get a more beneficial deal or searching for funding to improve your home conditions, remortgaging is one of the most advantageous scenarios to consider.

What is a Green Remortgage?

A green remortgage works similarly to a standard green mortgage, but it’s for those who already own their home. By remortgaging to a green mortgage, homeowners can borrow additional funds to carry out energy-efficient improvements or benefit from lower interest rates if their home already meets high energy efficiency standards.

What is a Green Buy to Let Mortgage?

A Green Buy to Let Mortgage is for landlords who want to purchase or remortgage a rental property with a high EPC rating. Like other green mortgages, these offer preferential rates or discounts to incentivise the purchase and maintenance of energy-efficient rental properties.

How to apply for a green mortgage

If you’re interested in applying for a green mortgage, the process is quite straightforward. First, ensure your property has a high EPC rating, typically A – C – if not, consider making improvements to build it up. Once your property qualifies, speak with a mortgage broker who can guide you through the application process, comparing the best green mortgage deals available to you.

At Ascot Mortgages, we’re proud to play our part in promoting a sustainable future and helping homeowners save money. We’re ready to dive deep and find the best green mortgage or remortgage options to suit your individual needs and circumstances. Let us help you make a smart, eco-friendly investment for your future.

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FAQ

The criteria for a green mortgage can vary among lenders, but they generally require the property to have a certain Energy Performance Certificate (EPC) rating or be improved to meet a certain standard as part of the purchase. This is usually an EPC rating of ‘A’ or ‘B’ (and in some cases C), which indicates that the property is highly energy efficient. Some lenders may also have specific criteria around the type of property or its location. As with all mortgages, you’ll need to meet the lender’s standard affordability and creditworthiness criteria.

Yes, you can use a green mortgage for both new and existing properties, as long as they meet the lender’s criteria for energy efficiency. For new properties, this might mean that the property is built to a certain energy-efficient standard. For existing properties, you may need to make energy-saving improvements as part of the purchase, or the property might already need to have a certain EPC rating.

Yes, in principle you can refinance your current mortgage onto a green mortgage, subject to the lender’s criteria. If your property already has a high EPC rating, or you plan to make improvements to enhance its energy efficiency, you may be eligible for a green mortgage. Keep in mind that all mortgages are subject to affordability and credit checks, so you’ll need to meet this criteria as well.

As of my knowledge cutoff in September 2021, green mortgages were mainly designed for residential properties. Some lenders may offer similar products for commercial or investment properties, but this will depend on the lender’s individual policies and the energy efficiency of the property. It’s worth speaking with a mortgage advisor to understand your options if you’re interested in financing a commercial or investment property with a focus on energy efficiency.

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