The mortgage market must do more to promote environmental options if Britain is to have any chance of tackling climate change, an industry specialist has argued.

Writing in Mortgage Solutions, Rachel Green noted that the Ecology Building Society was offering incentives to encourage environmental behaviour from brokers.

She noted that energy performance certificates (EPCs) and home information packs (Hips) are to become compulsory this June.

EPCs involve homes being given an energy efficiency rating showing their environmental impact in terms of the carbon dioxide they omit.

Richard Sexton, business development director for surveyors e.surv, said this would spark a green mortgage market trend.

"More homes will become energy efficient – for example with solar panels and grass roofs and surveyors will need to develop their expertise," he said, according to Mortgage Solutions.

One way of reducing carbon emissions is to install insulation, which call also help cut energy bills.

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Author:  Joanne McCabe

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