HOME-owners face paying thousands to upgrade insulation by 2033 or they will struggle to sell, under plans from the PM’s Net Zero tsar.
Chris Skidmore’s review demands new laws to make sure all homes sold in a decade’s time have an energy rating of C or above to meet eco goals.
Home-owners face paying thousands to upgrade insulation by 2033 or they will struggle to sell
Chris Skidmore’s review demands new laws to make sure all homes sold in a decade’s time have an energy rating above C
He wants banks to offer green mortgages with better deals for those selling warmer homes.
Landlords would also have to list the average price of energy bills alongside the cost of letting out their properties.
Sellers in leaky homes face being unable to sell up if they cannot afford upgrades.
And thousands of listed buildings and ancient properties are unable to be physically upgraded without permission.
Tory MP Craig Mackinlay, chairman of the all party group on listed buildings, said: “We could end up with millions of people unable to sell or rent out their homes as there are so many buildings which can’t physically be improved.”
Fellow Tory MP Greg Smith warned it could “disproportionately affect rural constituencies” where homes are built using stone or cob.
He added: “These proposals will need significant scrutiny to understand how workable it is.”
Proper insulation could save homeowners thousands of pounds on their energy bills, according to the review.
Ministers have said they will look at the proposals and consider the recommendations in due course.
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