Why Energy Efficiency is Becoming More Important to Home Buyers

If you are an estate agent, you are already aware that what people want out of their home differs. Each generation looks for something slightly different from the previous one.

These days energy efficiency is increasingly becoming important to buyers. It is not always easy for people to find cheap home heating oil, or a lowcost electricity or gas tariff. Therefore, what they really want is a home that is energy efficient.

People are increasingly realizing that buying a home that consumes less power is the best way to keep control of their bills. The more the cost of electric, gas, wood and heating oil rises the more important energy efficiency becomes to property buyers.

It is important that everyone involved in the buying process understands this, and adapts to the changing expectations of potential buyers. This will help to move the property faster and improve the chances of securing a good price.

New properties

When selling a new property start by finding out if it has any type of energy certification. You need to familiarise yourself with the terms of the scheme. That way you can explain how much a potential buyer can expect to save on their fuel bills. It is worth pointing out these savings are ongoing and that as prices rise, so does the amount saved. People kind of know this, but it is not something that is at the forefront of their minds when they are looking around a property. Therefore, it never does any harm to remind them of the facts and translate things into cash terms.

It is also important to point out features that help to keep the cost of heating, or cooling, the property as low as possible. Most buyers will not notice that the living room is south facing, or realise that the skylight in the kitchen means they can leave the lights off for longer.

Older properties

All of the above applies when you are selling an older property. However, there are a few more things you need to bear in mind and point out.

It is important to prepare the seller for the fact that buyers are likely to ask about the cost of heating the property. If the current homeowner keeps their thermostat at a high temperature it is worth their while mentioning this fact when they discuss the cost of heating with a potential buyer.

Before putting the property on the market it is worth the seller taking the time to address any draught issues. Filling in gaps around windows and doors will make the house look better as well as ensure that prospective buyers do not notice any draughts when they are viewing the property. If the seller is including white goods, which have a particularly good energy rating, during the marketing process, it can be worth mentioning this too.

If you would like to learn more about marketing environmentally friendly homes all you need to do is to click this link.

 

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website. As an Amazon Associate, I earn from qualifying purchases.

You May Also Enjoy

Breaking News

Mortgage completions surged 50 per cent in March amid race to avoid higher stamp duty

March saw highest volume of mortgage completions recorded since September 2021 Homebuyers report now needing an additional £13,530 on top of the property price to cover taxes and fees Three in four have seen housing costs rise, up £126 on average per month Renters’ confidence in their ability to purchase a property within five years…
Read More
Estate Agent Talk

How Technology is Changing the Prime Property Viewing Experience

The world of luxury real estate has always been about delivering a premium, personal experience. But in today’s rapidly evolving digital landscape, even the most traditional sectors are being reshaped by technology—and prime property viewings are no exception. From augmented reality to AI-driven virtual tours, the way buyers interact with high-end properties has changed dramatically.…
Read More
Love or Hate Rightmove
Breaking News

Average two-year fixed mortgage rate for 60% LTV now cheaper than five-year rate

The average two-year fixed mortgage rate for those with a 40% deposit (60% LTV) is now cheaper than the average five-year fixed equivalent, the first time this has happened since the mini-Budget The average two-year fixed, 60% LTV mortgage rate is now 4.18%, while the five-year equivalent is 4.19% The gap between average two-year fixed…
Read More
Overseas Property

How UK Property Investors Can Manage Exchange Rate Risk When Buying Off-Plan Overseas

Off-plan purchases are especially common in developing overseas property markets with a high proportion of international investors. In these less mature markets, a significant share of stock is sold directly by developers, making off-plan transactions a natural sales model. These opportunities appeal to international buyers because they typically require less upfront cash due to extended…
Read More
Breaking News

Foxtons Lettings Market Index – March 2025

London rental market gains momentum as new rental listings surge, Foxtons data shows   March saw a 14% increase in new rental listings across London compared to February Applicant registrations rose by 11% month-on-month in March. Year on year, demand was stable, tracking just 2% below March 2024 levels The average rent in March stood…
Read More
Breaking News

UK’s mid-market firms show improved business growth in March but economic uncertainty continues

Key findings: NatWest’s Mid-market Growth Tracker shows improved business growth in March, led by a strong service sector performance SMEs register a softer decline in output levels during March Market conditions remain challenging and we could see continued challenges in the coming months   Mid-market businesses continued to outperform the wider UK economy in March,…
Read More