Homeowners of properties with poor EPCs (Energy Performance Certificates) could be left behind if new stamp duty reductions rewarding ‘green homes’ are introduced.
Recent proposals by the Energy Efficiency Infrastructure Group (EEIG) have suggested people who buy eco-friendly homes should benefit from paying less stamp duty.
They have written to the Chancellor calling for an Energy Stamp Duty Incentive which they believe could lead to more sustainable new homes and a substantial increase in retro-fitted owner-occupied homes. The higher the EPC rating, the higher the rebate, meaning the lower the stamp duty that is paid.
