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Ecology Building Society - Wikipedia, the free encyclopedia

Ecology Building Society

From Wikipedia, the free encyclopedia

Ecology Building Society
Type Building Society (Mutual)
Founded 1981
Headquarters Silsden, England, UK
Key people Paul Ellis, Chief Executive
Industry Financial Services
Products Savings, Mortgages, Investments
Revenue Total assets £63+ Million
Website www.ecology.co.uk

Ecology Building Society is a Building Society in the United Kingdom. It is the 57th largest in the United Kingdom based on total assets of £63 million at 31 December 2005.[1]Established in 1981, the Ecology is based in West Yorkshire, and has over 10,000 open accounts.

The initial vision was to set up a building society that specialised in properties that conveyed an ecological benefit in terms of construction, use of land or lifestyle. The idea was sparked at a Green Party Conference, following the experience of a Yorkshire solicitor, David Pedley. He had great difficulty in finding anyone willing to give him a mortgage on a property needing extensive renovation.

The Ecology offers a range of mortgage products and lends throughout the UK. It specialises in renovation and new build mortgages on properties and projects that respect the environment. The society is particularly interested to see derelict and dilapidated property brought back into use.

The society also offers a range of savings accounts including instant access accounts, a notice account and an Individual Savings Account (ISA).

Mortgage and Savings accounts can be managed online via the Ecology's website or by post.

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