N&P announces plans 'to offer green mortgages'

22-Mar-2007

In news which may be of interest to would-be first time buyers, Norwich and Peterborough (N&P) Building Society has announced plans to offer green mortgages.

Following moves by other lenders to react to the new realities of climate change, N&P has confirmed it will be soon offering a new range of green mortgage products, which may interest prospective first time buyers looking to reduce their overall impact on the environment.

"This is not a competition - all lenders should provide green mortgages," said Alison Rolls, head of communications at N&P.

"As lenders we have an obligation to make homebuyers aware that there is a great deal they can do to reduce emissions by saving energy at home," she added.

Although N&P does offer a range of carbon neutral mortgages, these are currently only available through The Carbon Neutral Company.

To find out about those mortgages specifically aimed at first time buyers, see our best buys for first time buyers table.

N&P offers a range of financial products and services, including credit cards and individual savings accounts.

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