Of the brokers who took part in the poll, 43 per cent said their clients were more likely to choose a green mortgage over a lower cost standard mortgage, highlighting interest in green mortgage products, even at the expense of cheaper standard options.
However, one in six brokers said more needs to be done to increase awareness of green mortgages and energy efficient living.
In 2021, the lender introduced green mortgage deals to benefit those living in the most energy-efficient properties as part of its efforts to link its products with positive environmental impact.
In November 2021, it added a carbon offset benefit on all 95 per cent LTV fixed-rate mortgages for purchase, and pledged to invest in offsetting the forecast environmental impact of each home during the initial fixed term of the mortgage.
This pledge aims to offset the amount of carbon produced by heating/lighting/power usage by a typical Leeds Building Society property, calculated at 4.2 tonnes of carbon a year.
simoney.kyriakou@ft.com
