says green homes are more than just media hype
on: February 15, 2008, 2:44 am
Release Author: Think
Release Summary: thinkproperty.com, the fastest growing property
portal in the UK, is urging both estate agents and homeowners to
emphasise the green credentials when selling a property.
Release Body: thinkproperty.com, the fastest growing property
portal in the UK (Source: Hitwise, April 2007), are urging
real estate agents to highlight the ‘green’
credentials of a property in response to increased home owner awareness
of CO2 emissions.
undertaken by thinkproperty shows nearly 70% of
UK home owners would modify their properties
to make them ‘green’ if the Government
incentivised this with offers of special mortgages and lower council
tax. Over 80% believe that the Government should help home owners
to fund environmentally-friendly changes to improve energy efficiency
such as roof insulation and solar panels.
research shows 1.8 million non-domestic buildings and around 24
million domestic dwellings account for 47% of the UK's CO2 emissions
(Source: The Carbon Trust 2007). These CO2 emissions
result from the heating, cooling and lighting of homes and over
the lifetime of a house, meaning the operational CO2 emissions far
outweigh the embodied CO2 emissions of the construction materials.
this end, the environmental credentials of a property,
particularly energy efficiency, is becoming an increasingly important
part of its value and the introduction of Home Information
Packs (HIPs) is helping to focus home movers on the green
carbon homes are exempt from stamp duty, making them an attractive
purchase for house hunters. Even properties with a favourable Energy
Performance Certificate (EPC) can be appealing for those
looking to buy
property, as steps to improve a home’s energy efficiency
can have a positive impact on the cost of gas, electricity and domestic
Deakins, Head of Group Marketing at thinkproperty.com commented:
“With budgets generally tight for home movers with rising
energy prices, any evidence of lower energy bills or lower stamp
duty could make a real difference to the sale of a property –
something worth considering not only for estate agents when trying
to sell a property, but also for home owners looking to sell their
to a study in September 2007 on the Introduction of Energy
Performance Certificates and Home Information Packs,
the average EPC rating could rise to a
‘C’, with annual savings per household of around
£270 achievable, if some simple energy saving measures were
put in place. This includes cavity wall insulation, low energy lighting
and double glazing, making green homes attractive even as rental
carbon neutral housing schemes are extremely scarce. There are some
examples, such as BedZED in Sutton, which is a
joint venture created by the Peabody Trust and
the environmental charity, BioRegional. BedZED
is the UK’s largest carbon-neutral eco-community with 82 residential
homes there. This is the first project in the UK to be focused on
zero carbon emissions.
BioRegional are creating new schemes in Brighton,
Middlesbrough and London. There is also an Ilkley development
by Myddleton Construction and South West Eco Homes’
development called ‘Great Bow Yard’ in Langport,
Somerset. The aim of England’s first carbon-neutral
village is to reduce the carbon footprint produced by its inhabitants
of an existing, similar-sized community by 60%. The site, of 150
super-energy-efficient houses, could be completed within 3 years.
whilst truly ‘green’ properties are
in the minority, numbers are set to increase and thinkproperty.com
would advise highlighting the ‘green’ credentials of
a property when on the market to avoid looking old-fashioned and
out-of-touch with current housing market issues.
Note to Editors:
thinkproperty.com is wholly owned by GMG Property Services
Group, a new division within Guardian Media Group.
Property Services Group also owns Vebra, the UK’s
no1 provider of estate agency software and UK’s no2 Business
and Finance - Property website (Source: Hitwise, March 2007).
is wholly owned by the Scott Trust, which was created
in 1936 to secure the financial and editorial independence of the
Guardian in perpetuity.
Details: thinkproperty.com PR contact:
The Drum Consultancy
18 Soho Square
0207 025 8044
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