Where can I find eco-friendly property in Iceland?
Environmentally certified housing is still relatively uncommon but the growing demand for this type of property and the government’s eagerness to achieve sustainability targets should ensure the rapid development of this type of construction.
Green mortgages fall under the guidelines for Iceland's Implementation of the 2030 Agenda for Sustainable Development, published in 2019. Íslandsbanki is proactively working towards a more sustainable future by expanding its green financial products.
See more info on the sustainability framework
What are the main differences between a green mortgage and a traditional mortgage ?
There is no lending fee and we offer a 0.10% interest rate discount which could save you 1- 2% on the property purchase price. The property must be certified by the Nordic Swan Ecolabel, Breeam - Very Good or other recognised bodies.
A force for good
We want to be a force for good. Our green products are designed to help you to create a more sustainable future. We always want to be where you are, wherever you are in your life.