Make more of your home with environmental upgrades and Anthony Jones Properties
As the property market evolves, the demand for greener homes has never been more pronounced. New research from Rightmove underscores the pressing need for the next government to support homeowners and landlords in making their properties more energy-efficient. This shift towards sustainability not only benefits the environment but also significantly enhances the appeal and value of your home to potential buyers.
According to the latest data, a staggering 18 million homes in the UK have an EPC rating of D or below, representing 55% of all housing stock. This includes both properties with existing EPC ratings and those that have never been assessed due to not being sold or rented since EPCs were introduced.
Rightmove’s Energy Bills Tracker reveals the substantial impact of energy efficiency on household bills. For instance, a three-bedroom house with an EPC rating of F incurs an average annual energy bill of £4,431, compared to just £1,669 for a similar house with an EPC rating of C. That’s a difference of £2,762 per year, illustrating the financial benefits of green improvements.
There are ways you can upgrade your home
Potential upgrades to boost your home's energy efficiency include window upgrades, roof or floor insulation, the installation of solar panels, or transitioning from a gas boiler to a heat pump. These enhancements not only reduce energy bills but also make your home more attractive to eco-conscious buyers.
A recent Rightmove study involving over 14,000 participants found that the primary motivator for homeowners to implement green changes is the potential reduction in energy bills. Moreover, 87% of renters and 83% of homeowners believe that more action should be taken to facilitate the greening of homes.
As you consider selling your property, embracing these green improvements can give you a competitive edge in the market. Our team is here to offer expert advice and support, ensuring your home meets the growing demand for energy-efficient living spaces. Contact us today to discover how you can make your home greener and more marketable.
What do the experts say?
While your team at Anthony Jones Properties is highly skilled and experienced in the local Darlington housing market, we stay in touch with what housing market specialists say. This is a topic that you should look to take advice from experts on board, and we’ll make sure you make an informed decision at all times.
Tim Bannister is a specialist at Rightmove and he said: “While it’s a start to see some green support proposed in the party manifestos, there’s a big job to be done to address the wide scale issue that at least 18 million UK homes need to be improved. Many homeowners and landlords need urgent access to schemes that enable them to make these improvements, which could help with huge savings on energy bills. Each home requires different improvements and the upfront costs are a huge barrier to change. Without more help, many homeowners and tenants will continue to live in high-carbon emitting homes with high energy costs.”
Nathan Emerson, CEO of Propertymark, said: “Propertymark have long supported initiatives and practical measures to help enhance energy efficiency across the UK. We would be keen to see any incoming government construct a wide-ranging package of support to assist with upgrades at the first opportunity. It’s vital there is a diverse approach of funding, grants, and targeted schemes based on age, condition, and size and that there is robust infrastructure in place to deliver on such ambitions.”
We are pleased to say we have helped many Darlington homeowners and property buyers make informed decisions when it comes to property matters. If you want guidance or advice on making the most of your home, to sell or reap the benefits for many years, please get in touch.
Contact Anthony Jones for all Darlington property matters
If you are looking for help with any matter of the Darlington property market, it is best to speak to property professionals. No one knows for sure what is going to happen next, so we won’t claim to have all the answers, but the Anthony Jones team is keen to help you as best we can. If you would like to contact us over housing matters, please call us today on 01325 776424.