#uk-housing

#uk-housing

While renovation costs are rising, most homeowners continue to rely on savings (83%) as their primary funding source. Notably, the use of credit cards dropped by 5 percentage points to 13%, reflecting caution around borrowing amid interest rate concerns.

The rise in new home registrations signals a substantial increase in housing availability, with a 36% increase compared to the first quarter of 2024.

Homeowners in the UK face penalties up to £5,000 for not providing a valid Energy Performance Certificate (EPC) by 2030 when selling or renting their properties.

The Sutton Dwellings project in Chelsea demonstrates that ground source heat pumps can efficiently heat older buildings, countering misconceptions about their suitability and installation.