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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 142 reviews from review us onAreti D. ★★★★★ Absolutely thrilled with the exceptional service provided by Ascot Mortgages Ltd and especially by Natalia Barry! Even though our home purchase hasn't been completed yet, we couldn't wait to share our positive experience. From the moment we reached out, their professionalism and expertise shone through, making the daunting process of securing a mortgage a breeze.Not only did Natalia navigate the intricacies of the mortgage market with finesse, but they went above and beyond by suggesting other high-quality services, including solicitors and insurance providers. This comprehensive approach is making the entire home-buying journey seamless and stress-free.Natalia took the time to understand our unique needs and financial situation, ensuring that the options presented were tailored perfectly.Communication is prompt and clear throughout, leaving us feeling informed and confident at every stage. Natalia had our best interests at heart, going the extra mile to secure a fantastic mortgage deal.We cannot recommend Ascot Mortgages and Natalia highly enough. If you're in need of mortgage assistance, look no further. With their expertise and dedication to client satisfaction, you're in the best hands possible. A huge thank you to Natalia for making our home-buying experience a dream come true!Ashley Cox 1. ★★★★★ Would 100% recommend. Myself and my partner are currently going through the mortgage process as first time buyers. Natalia Barry has dealt with our application from day one. She has always been on hand to help, informative throughout and reliable when we have had questions. She has given us several options and broken them down into simple terms to help us. Natalia has truly been exceptional who deserves every bit of credit. We certainly got lucky having her as our first mortgage consultant.Dominik S. ★★★★★ Alison and the Ascot Team are excellent. I have used them for 5 years now and they deliver the most competitive mortgage deals fast. Just what I need. Thank you!Eric T. ★★★★★ We have dealt with Ascot Mortgages twice. Once for a mortgage about eleven years ago and recently for life insurance.In both cases we were treated with the utmost respect and professionalism.In the case of the life insurance application, we considered ourselves to be problem customers because of our age and numerous health issues.Richard Johnson, who managed this application couldn't have been more helpful.He worked in our best interest and was dedicated to providing an excellent service.We were kept up to date through all of the stages of the application and when our doctors were very slow in producing medical reports for the insurance company he persisted where others might have given up.The service we had from Richard was pleasant and professional throughout some difficult stages.My wife and I have no hesitation in recommending Ascot Mortgages.Zack R. ★★★★★ Having dealt with Ascot Mortgages and Alison for many years now I can say that you wont find a more professional, knowledgeable and efficient company to help with your mortgage. Alison is patient and makes the whole process seem easy. She has the answer to any question you have and seems to genuinely care. I can not recommend enough. I am sure I will be using Ascot Mortgages for years to come.Umair Z. ★★★★★ It has been a fantastic experience to work with both Phil and Jardelle at Ascot Mortgages to secure a mortgage product for my first home. Phil made the mortgage process smooth and easy. They are professionals and know what they are doing. Very pleased with the service and communication. would highly recommend them.Hello at NLP West M. ★★★★★ I needed a buy to let re-mortgage. Ascot were efficient from start to finish. I can recommend them completely especially because they can search the whole spectrum of mortgage lenders and meet the clients needs. never waiting for staff to get back and always kept me in the loop.Onohomen O. ★★★★★ ZHOU J. ★★★★★ It has been a brilliant experience to work with both Phil and Jardelle at Ascot Mortgages to secure a great mortgage product for our next home. Given how challenging the current market is, they have done a fantastic job to meet our needs with their expertise, professionalism and effectiveness. We would highly recommend their services to whom seeks help with their property purchase.Nicholas S. ★★★★★ Fantastic service. Ellie and Jardelle were always quick to reply to any queries and very helpful throughout the process. Highly recommend!Stacey S. ★★★★★ Jason was brilliant to work with! Always on top of the transaction! Would highly recommend 👍Scott ★★★★★ Although I've not bought anything yet, they (Jason in particular) have been super helpful in my search for the right mortgage deal, whilst also giving an honest opinion during these difficult times. Would highly recommend.Sandra I. ★★★★★ Fantastic from start to finish! Natalia and Jason found me the best rate for my remortgage and they were extremely efficient! Best service I’ve ever received from a brokerage company. Thanks so much.Virmantas N. ★★★★★ Amazing service and great communication. Ellie Morgan had quickly completed all requests and over delivered all expectations.Highly recommended for those who want to get the stuff done without any delays!David W. ★★★★★ I have used ascot for 3 renewals since they done helped me with my purchase which was complicated and will continue to use them going forward. Very fair prices and very helpful and knowledgeable even with just general information.Adam B. ★★★★★ Natalia made life very easy for us when remortgaging. Third time using ascot always a breezeTaff G. ★★★★★ Ascot Mortgages have been brilliant. Easy to work with and incredibly helpful. I am always happy to recommend them. Natalia and Jason have made the whole process much easier than I was expecting. Excellent service.Daryl L. ★★★★★ We've had a fantastic experience with Natalia Barry and Jason Jones at Ascot Mortgages for our property purchases and refinancing. Their expertise, coupled with genuine care and understanding of our needs, made the process smooth and stress-free.They were consistently communicative, keeping us informed at every step. Their assistance in consolidating our protection cover was invaluable, simplifying what could have been a complex process.What set them apart was their personal touch – always polite and ready to pick up the phone for a chat. This level of personal engagement is rare and much appreciated.In short, Natalia and Jason are not just skilled professionals but also truly dedicated to their clients. We highly recommend their services to anyone in need of mortgage advice.Sarah A. ★★★★★ I have used this firm for several years and they have always been super helpful and supportive, attentive and resolved issues in really useful ways. Shout out to Alison, Ellie and Jardelle (and the team!)Georgia W. ★★★★★ We worked with Ellie to secure our mortgage and protection, and she was a dream! Being a first time buyer, I was quite clueless about the process, and in a time where mortgage rates have been quite high, she worked right til the end to make sure we were getting our mortgage at the best possible rate and was always available to answer all questions I had. Can't recommend enough 🙂Richard D. ★★★★★ Laura S. ★★★★★ As a first time buyer, trying to navigate through potential mortgages was a very daunting thought. Ascot Mortgages were recommended to me and I've been extremely happy with the service provided. They have guided me through every step and I finally have a mortgage. Very pleased and would recommend.Lucy 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!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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