The world is currently facing an unprecedented energy crisis due to a combination of economic and geopolitical factors, leading to record-high energy prices across Europe, pushing households into poverty and greater economic strain. In the UK, energy bills reached unprecedented levels over the past year, with households feeling the significant effects of higher inflation and weaker economic activity. The average UK household is expected to lose 8.3% of its total spending power in 2022 as a result of having to pay higher energy bills. The government has introduced a plan to cap the cost of household energy bills until 31 March 2023 and has also provided some financial support for commercial bill-payers. To save energy, households should improve the energy efficiency of their homes, such as through insulation and energy-efficient appliances, and by installing solar panels. In order to ensure energy security and reduce energy costs in the long term, governments must invest in sustainable and renewable energy sources, such as wind and solar, and reduce their reliance on Russia for energy supplies. This crisis is a stark reminder of the urgent need to take action and secure our energy future.
Category Archives: Build to Rent
What does ESG mean in the property sector?
Over the past year, the increasingly popular buzzword “ESG” has found its way into many newspaper articles and online posts – but what does ESG mean in a property context? Environment, Social and Corporate Governance (ESG) are the three core factors which are used to measure the sustainability and societal impact of properties and will be the key metrics influencing the future of property development and valuation. ESG standards and reports enable companies and landlords to take proactive steps to implement forward-thinking upgrades or changes to their buildings in order to strengthen their overall sustainability and adhere to the continuously tightening regulations.
Rising Energy Prices Becoming A Burden
Growing global gas prices and the energy problem in Europe are raising heating and electricity costs by 54% for numerous British households. The government’s energy regulator, Ofgem, has declared that the cost of heating and electricity for multiple British homes will rise by 54% in April. The sharp elevation results from growing global natural gas […]
The Pros and Cons of the Build-to-Rent Model
Build-to-rent boom has continued to drive significant new housing supply across the UK, according to the latest data published by the British Property Federation (BPF). There were 157,512 build-to-rent homes – new, high-quality, and professionally-managed homes built for renters – complete, under construction, or in planning across the UK by March-end 2020. This is a […]
Why Build-to-rent housing market is exploding?
The British Property Federation reported a total of 152,071 Build to Rent (BTR) properties in the UK at the end of 2019, to include completed projects, those under construction, and in planning. The market has seen a 15 percent rise since 2018 and a rise in properties across all development stages: • Properties completed have […]
The Rise of Generation Rent
BTR market growth mirrors a cultural shift. House prices and the typical cost of living have both increased exponentially in the last two decades, meaning that the concept of ‘settling down and starting a family’ seems out of reach to many would-be home buyers. It has coincided with more young people deciding to focus on […]
Where are Millennials Staying?
In recent years, approaches toward renting have changed, with many people stating they enjoy the versatility, freedom, and more excellent choice of living locations that renting provides. With more people working from home than ever before, access to home working amenities (such as work space) and green spaces has boosted demand. In contrast, the need […]
