COULD THE EXISTING HOUSING STOCK HOLD THE KEY TO HELPING THE GOVERNMENT ACHIEVING ITS EMISSIONS TARGETS?
The subject of the existing housing stock and whether it holds the key to helping the Government achieving its energy targets came to the fore when we purchased land in Exeter with a number of period properties on it – do we demolish and build new homes in their place, or do we renovate and make them energy efficient?
We opted for the latter.
It’s estimated that currently 15% of all UK greenhouse gas emissions are caused by the existing 29 million homes spread across the country. It’s also estimated that 85% of these homes are expected to still be standing in 2050, meaning there’s a real need for property developers - as and when the opportunity arises – to consider ways to help address this problem. If the Government is to succeed in it’s target of lowering emissions by a whopping 68% by 2030, tackling the existing housing stock has to form part of the overall strategy.