Cost is major factor preventing eco-improvement

Published on: 08/11/2007

The cost of environmental improvements to property is proving a major deterrent to UK homeowners looking to upgrade their homes.

While many Brits support the government’s eco-initiative for zero-carbon homes, a large number are put of by the potential cost, according to research released Norwich and Peterborough Building Society (N&P).

When asked if they were to build their own home would they incorporate eco-friendly features, 81 per cent of respondents said they would.

However, of the 19 per cent who claimed they would not look to include eco features, such as solar panels, a wind turbine or ground source heat pumps, 46 per cent said cost was the main deterrent.

Other reasons for not including eco features ranged from a belief they would make no difference (19 per cent), lack of understanding about how they worked (17 per cent), or a desire to live in a traditional property (six per cent).

The research was carried out by N&P as the organisation prepares to launch its sixth annual Eco Self-Build competition.

“Although it is encouraging people are happy to back the governments zero-carbon homes commitment, its sad to see that theyre not so keen to make a difference using their own properties,” said Richard Lloyd, one of the judges for N&Ps Eco Self-Build competition.

“Although adding green features to your home may seem like additional cost, you need to remember that you can make a difference with simple, relatively cheap methods such as energy-saving light bulbs or improving insulation.”

However, there was widespread support for the government’s eco-towns policy.

Up to 89 per cent of respondents agreed with the government’s policy of making all new houses carbon neutral by 2016.


Back to News and Articles

Call Now

BP Connections Ltd Call Us: 020 3475 2730

Read more

Discover Property

Great Properties to Rent or Let in North London

Read more

Our Services

We offer an unbeatable range of comprehensive services.

Read more