BuildStore Eco Accelerator Mortgage

BuildStore recently launched an exclusive new Eco Accelerator Mortgage with an attractive, discounted interest rate, in partnership with the Melton Mowbray Building Society and leading environmental builders' merchant, Ecomerchant.

This new eco mortgage is for self build, renovation, conversion and refurbishment projects and it's the latest to be added to the BuildStore exclusive Accelerator scheme.

The Eco Accelerator Mortgage does not simply focus on energy performance and generation, but also on the building fabric too. It promotes healthy living by rewarding you with a discounted interest rate for the lifetime of your mortgage, when you select sustainable building materials with a reduced global impact, while also ensuring your property is energy efficient. It's a simple approach that goes a step further to minimising global impact.

Exclusively available from BuildStore, the eco mortgage also offers the unique added benefit of advance stage payments - ensuring you have the cash to pay for your land, build and materials ahead of every stage of your project.

Product Details	To qualify
Lifetime Discount SVR - 0.75% Current rate 4.24% APR 4.8% For eco self builds, renovations, conversions, refurbishments Minimum Deposit 25% Maximum Loan £375,000 Advance stage payments Product fee 1% Early Repayment Charge - 3.25% for 2 years	More than 50% of the building fabric should include bio-based materials Less than 10% petrochemical content should be used The building should achieve lower U-Values than the new building regulations Technology which generates energy from a renewable source to be included - group scheme can be adopted ie. district heating or shared wind turbine provided an element of ownership can be proved No PVCu windows or doors permitted Property must be within a 70 mile radius of Melton Mowbray Building Society (click here)

Product Details

To qualify

Lifetime Discount SVR - 0.75%
Current rate 4.24%
APR 4.8%
For eco self builds, renovations, conversions, refurbishments
Minimum Deposit 25%
Maximum Loan £375,000
Advance stage payments
Product fee 1%
Early Repayment Charge - 3.25% for 2 years

More than 50% of the building fabric should include bio-based materials
Less than 10% petrochemical content should be used
The building should achieve lower U-Values than the new building regulations
Technology which generates energy from a renewable source to be included - group scheme can be adopted ie. district heating or shared wind turbine provided an element of ownership can be proved
No PVCu windows or doors permitted
Property must be within a 70 mile radius of Melton Mowbray Building Society (click here)

Helping you build a green, healthier and more sustainable home

Leading environmental builders' merchant, Ecomerchant has teamed up with BuildStore to evaluate each project to ensure it meets with lender criteria and provide a free eco review for customers - showing all the eco alternatives to standard materials which can be incorporated into your project.

Ecomerchant promotes healthy building techniques, through the use of low environmental impact building materials.

Make substantial savings on all of your green materials with a free BuildStore TradeCard. BuildStore's TradeCard provides over 3,000 members with discounts and offers of building materials, plant and tool hire from leading suppliers and builders merchants, by combining the buying power of the UK's self builders and renovators.

How Renovation and Conversion Mortgages Work

Current rates for renovation and renovation mortgages

Request a call back to discuss your mortgage requirements

Your home may be repossessed if you do not keep up repayments on your mortgage.

For self and custom build mortgages we charge a fee of £295. £95 is payable on application
and £200 on offer. For all other mortgages we charge a fee of £395, which is payable on offer.

BuildStore Mortgage Services Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited
which are authorised and regulated by the Financial Conduct Authority.
BuildStore Mortgage Services Limited. Registered Office: 8 Houstoun Interchange Business Park, Livingston, EH54 5DW. Registered in Scotland Number: SC448916