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Would you pay more for a home with a better EPC?
Comments
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done for you..good luckIt is nice to see the value of your house going up'' Why ?
Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
If you are planning to upsize the new house will cost more.
If you are planning to downsize your new house will cost more than it should
If you are trying to buy your first house its almost impossible.0 -
No. I'd pay more a house with character and draughty windows and wind whistling up ancient chimneys than I would for a boring modern energy efficient house.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
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On the basis that a lot of the time a more energy efficient house will be a newer house, no I wouldn't.
I'm not bothered by the EPC at all, I'll take steps to make a house a bit more energy friendly but I'm more interested in a house I like than what it'll cost to run.0 -
Thank you all for your comments and feedback, I was planning to start analysing the results tomorrow morning
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Yes, I would pay more having lived in some very cold converted homes. Agree it would have more influence on a decision to rent; if I bought again I would want to do the renovation myself as I know what approach works for me. As for the question of old properties - they can still be improved, I'd just be looking to compare like-with-like.
In fact I bought a highly efficient home about 3 yaers ago - we pay about £20 p.a. for energy - and we ended up paying less than our offer because the mortgage adviser thought it was too niche. That worked for us, but made no sense as the sellers had 6 firm offers well over the mortgage valuation.
Finally, you may be interested in the research by Consumer Focus - Room for Improvement was a largescale survey on the use of EPCs, and Easy as EPC made the case for improving their content and format. It's on their website.0
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