House Purchases Could be Hit by Environmental Issues

Posted 2008-01-11

The arrival of the Energy Performance Certificate could mean environmental issues affect house purchases, experts warn.

The Home Builders Federation (HBF) said the new scheme will raise issues such as energy efficiency levels and insulation.

John Slaughter, the federation’s external affairs director, said: “I think we have to assume the certificate will have some influence on perceptions of purchases. “Obviously, if you go back to the point about hiking energy prices at the moment, then people will always take more notice of those things in that climate.”

He also said the certificate had benefits as it will “actually raise awareness of the benefits of good levels of energy efficiency and insulation would – not just in terms of running costs but in comfort of the house.”

The government is trying to encourage greener homes through its ”Building a Greener Future” policy, offering stamp duty exemptions for carbon-neutral homes.

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