Monday, April 9, 2012
Millions of home owners will be forced to pay hundreds of pounds more to build conservatories or replace broken boilers because of “green taxes” to be introduced from October.
New regulations proposed by the government will prevent people making significant home improvements unless they also pay for energy saving measures such as loft or wall insulation for existing foundations at the same time.
The work, aimed at reducing the carbon footprint of Britain’s homes, will add 10 per cent to the cost of the initial project, with more expensive work such as conservatory extensions requiring a greater “green” outlay.
Home owners who are unable to afford the additional cost will be told to borrow it under the government’s Green Deal, under which the money is paid back with interest via energy bills.
This article was posted: Monday, April 9, 2012 at 11:51 am