FT Adviser shared my comments on two interesting news stories this week:
1. House price growth is cooling off
2. The government’s green homes initiative to cost landlords £21.5bn
There is so much to say on the second of these.
Improving our housing stock is vital for meeting the legally binding target of Net Carbon Zero by 2050, because an estimated 40% of UK emissions come from households.
Over 75% of UK housing stock was built before building regulations even required insulation so it is perhaps unsurprising that the cost of bringing our housing stock up to an EPC level of C is high, at £7,646 per property on average.
A major problem – and one we are supporting clients with who want to be ‘ahead of the game’ – and it needs solving, ideally by government, investors and innovators together!
Link below to both articles