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Survey exposes lack of knowledge on government EPC targets – London Wallet

Mark Helprin by Mark Helprin
January 19, 2023
in Real Estate
Survey exposes lack of knowledge on government EPC targets – London Wallet
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Research from Mortgage Advice Bureau has revealed a low awareness among homeowners regarding the energy efficiency targets set by the UK government.

Achieving a Net Zero Britain by 2050 is the target set by the government in a bid to rein in the severity of the climate crisis, with outgoing UK business climate expert Nigel Topping claiming that this could even be achievable by 2040 following bolder policy decisions from those in power.

Since the initial 2050 net zero deadline was announced in 2019, the government has introduced additional measures as part of the pathway to reaching the goal. However, among respondents to the homeowner survey by Mortgage Advice Bureau, two thirds (66%) didn’t know anything about the Heat and Buildings Strategy – the drive from the government for landlords to raise their EPC to band C or higher by 2023.

A third (33%) of homeowners said that contributing to the country’s net zero targets was important and the reason they want to be more environmentally friendly. However, the research suggests there is insufficient public knowledge on how to action this in their property, as a fifth of respondents did not know which changes would make their home more energy efficient.

Ben Thompson, deputy CEO of Mortgage Advice Bureau, commented: “The UK’s homes are some of the oldest and least efficient in Europe, and there are a variety of ways that people can improve their overall energy efficiency. More costly examples include retrofitting insulation and upgrading windows and doors, but there are cheaper ways, such as through the use of fabric draft excluders, thicker curtains or water heater jackets (for those who have one).

“It’s clear that the UK is wanting to become more environmentally friendly, and there are benefits to those that do go green, with possible outcomes including reduced energy bills and a higher property value,” Thompson added.





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