Carbon Zero Homes to have Stamp Duty Exemption
As part of the new initiative from the UK government to ensure that all new homes are carbon neutral by the year 2016, it has been announced that from 2008 onwards, new homes that are deemed to be carbon neutral will be exempt from stamp duty. This is being used as an inducement for property developers to build houses with a focus on energy efficiency and will help to cut overall UK emissions of which 30% is directly attributable to housing.The scheme, beginning in 2008, will include a ratings system that will identify the energy efficiency of a new home. The maximum "6 Star Rating" will be awarded to homes that utilise energy generation techniques from renewable sources such as solar panels, wind turbines or other energy micro generation methods and can display that they can generate enough energy to power the home rather than taking power from the national grid.
Additional details on the plans can be found at the Communities and Local Government website at Building a Greener Future
posted by Admin @ 12:39
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