Long term financial plan needed for greener property sector – ARLA Propertymark

The UK Government announced that the Green Homes Grant Voucher Scheme launched last year will close to new applications on 31 March 2021, twelve months earlier than originally planned.

The Scheme opened in September 2020 to allow homeowners and landlords in England to apply for vouchers from a £2 billion pot to fund at least two-thirds of the cost of hiring tradespeople to upgrade the energy performance of their homes up to a maximum contribution of £5,000.

According to the UK Government, the scheme was designed to provide a short-term economic boost while tackling the country’s contribution to climate change. However, as widely reported, finding contractors to complete the work was a problem. Contractors needed to be accredited against both TrustMark and Publicly Available Specification (PAS) standards, but very few general builders are PAS accredited.

Despite the sudden closure of the scheme applications made before the end of

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