Why is energy efficiency important to homebuyers?

With many of us transitioning our life choices to reflect our care for the environment and the future of our world, installing green technology in our homes is a growing priority. 

It's not just the planet that benefits - making a property energy efficient can create thermal comfort, better air quality, financial stability and reduce household running costs. A small solar PV and battery system, for example, creates benefits of £15,890 over its lifetime. Green homes are now estimated to sell for up to 15% more than their ‘brown’ counterparts, making them a more attractive investment for buyers and upgrades appealing to renovators.

For homebuyers, a more energy efficient home can now attract mortgage lender incentives, as some lenders are now encouraging energy efficiency through increased affordability and more flexible lending criteria. For example, the average 5 year fixed rate mortgage could come with a saving of around £2,892 when used to purchase a greener property.