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The green deal initiative to be launched in 2012 will tackle energy inefficiency in Britain's homes and businesses. The focus will be on home improvements in energy efficiency and a reduction of carbon emissions to meet EU and UK Government targets. Domestic homes and commercial companies will benefit from energy saving improvement grants such as loft and cavity wall insulation, improved heating controls and gas boiler appliances. External solid wall insulation or possibly internal wall dry lining. There is also a likelihood that renewable energy options may be considered under the proposals, this could include solar panels (PV Photovoltaic systems) and solar hot water heating.
Domestic professional property landlords can look forward to seeing solid returns from their investments in 2011.The state of the housing market is pushing increasing numbers of people into renting while supply remains tight. Those who might otherwise purchase are finding mortgages still difficult to get hold of – and the average age of the first-time buyer continues to get higher. Potential buyers are therefore renting while they wait for the right opportunity to purchase.
Government legislation now states that all buildings which are not dwellings require an Energy Performance Certificate (EPC) on construction, sale or let. The Energy Performance Certificate (EPC) gives home owners, tenants and buyers information on the energy efficiency of their property. It gives the building a standard energy and carbon emission efficiency grade from A to G, where A is the most efficient and outlines how energy performance could be improved.