Report calls for lower stamp duty on UK’s energy-efficient homes

Mar 2, 2016

“The stamp duty paid on energy efficient homes should be up to £5,000 less than on leaky, hard-to-heat homes, according to a new report that says the government is doing far too little to cut energy waste.

“The report is from the thinktank Policy Exchange, which is close to the government, and ministers are considering the idea. It estimates the stamp duty change would lead to 270,000 households a year improving their energy efficiency.

“Improving home energy efficiency can save households money, as well as substantially reducing their carbon emissions,” said Richard Howard, author of the report, and a former chief economist for the crown estate. “Policies which link property values more closely to energy performance could kickstart an energy efficiency revolution in this country.”

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Richard Howard

Richard Howard
Director of Development & Head of Environment & Energy Read Full Bio

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