Making energy ratings a factor in mortgage offers could let people borrow up to £11,500 more, says Lenders group
Development company Lendlease is to pioneer ultra-energy-efficient homes in central London, monitoring the residents over several years to see how new technology could change the housing market.
The 15 Futurehome buildings at Lendlease’s huge regeneration project at Elephant and Castle, which are the first to be built in zone one of the capital, will be sold this spring.
A large number of would be home buyers in the UK want to purchase an environmentally friendly home, with the majority willing to pay more to do so.
Some 63% want to go green and 82% would be more for a home that allows them to fulfil an ambition of greener living, according to research from leading UK house builder Redrow.
The survey found that participants ranked lower energy bills as more important than a garden, parking space, amenities, external appeal/design of home, and fittings and appliances, when choosing a home and more than a quarter were willing to pay at least a 6% premium for a home with sustainable features.
He promotes imaginative architecture through his Channel 4 programme Grand Designs, but some buyers of “eco-homes” developed by Kevin McCloud’s company are not impressed.
More than 20 residents of a new estate of “eco-homes” in Stroud, Gloucestershire, have met their MP to complain about what they say is shoddy workmanship that has led to damp, draughts and sky-high bills.
The Applewood estate, built on the site of a former hospital, was developed by Mr McCloud’s property company Happiness Architecture Beauty.
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