Another big topic for investors is the rise of eco-friendly properties. The issue of energy efficiency is a pressing one, as the UK government has put forward some ambitious proposals in order to achieve their goal of net zero by 2050.
Households are one of the major contributors to the UK’s carbon emissions, so the property industry is firmly in the government’s crosshairs.
Landlords are eligible for various grants, but investing in a property’s eco-friendliness can be expensive. In particular, retrofitting old properties can be difficult and pricey, so those who support new builds have an advantage in this case.
With the government proposals in mind, the developers of new builds are future-proofing their properties by building with sustainability at the forefront of their designs. Some new buildings even have cutting-edge technology, such as air source and ground source heat pumps, rainwater recycling systems, mechanical ventilation heat recovery systems, central building management servers, and more.
Eco-investing is a big trend for 2023, and it looks set to grow even more popular. Get more details about the effects of sustainability on the property sector in our Liverpool Regeneration guide.