3
Mar
Houses with low energy efficiency will lose value in government
plansBen Webster, Environment Editor
Houses with low energy efficiency will lose value under
government plans to intervene in the property market to help cut
greenhouse gas emissions from homes by a third by 2020.
Estate agents will be given guidance telling them to take more
notice of energy efficiency when deciding the value of homes.
Ministers believe that homeowners are more likely to pay for
efficiency measures such as solar panels and insulation if their
investment clearly increases the property’s value.
The Department of Energy and Climate Change said in a strategy
document that it had asked the Royal Institution of Chartered
Surveyors for recommendations to ensure that a home’s energy
performance was “better reflected” in its value.
Council tax rebates of more than £100 a year will be offered
to homeowners who improve insulation. Landlords will be barred from
letting poorly insulated properties and will have to upgrade them
to a minimum standard of energy efficiency.