Breaking Property News – 14/02/24

Daily bite-sized proptech and property news in partnership with Proptech-X.

 

Calling all Proptech and Geotech startups – join the next Geovation accelerator cohort

The Geovation Accelerator programmes are now open!

The Geovation Accelerator Programme is a uniquely founder-friendly programme designed to help entrepreneurs build their business and help them solve real world challenges using geospatial and property data. The programme is built around our startups, giving them what they need to grow their business, develop their minimum viable product, and prepare for investment.

Providing 12-months of bespoke support to startups joining the Accelerator Programme, is structured to help founders grow their business and support their ambitions. And remember there is just 💥ONE MONTH💥 left to apply to join the next cohort of our accelerator programme. So apply today and receive a whole range of benefits, designed to help you grow your business, including:

➡️ up to £20k in equity-free funding,
➡️ workshops,
➡️ coaching,
➡️ desk space

You’ll also be part of our growing community of innovators, and have opportunities to get involved with events, pitches and an end of programme showcase.

The Accelerator Programme is backed by Ordnance Survey and HM Land Registry and has supported over 150 startups to deliver innovation in Geotech and Proptech sectors, providing tech and data advice, business support and subject matter expertise to help power startup up growth.

 


Aira hopes that red tape and delay installing heat pumps will be a thing of the past

According to the official GOV.UK website, the Department for Levelling Up, Housing and Communities Planning Directorate are undertaking a consultation on air source heat pumps, and a number of other prescribed matters to cut through the red tape with regard to planning.

Specifically, DHLUC says, ‘This consultation contains a number of proposed changes to permitted development rights. To provide householders with further flexibility to meet the needs of growing families and maximise the potential of existing homes, we are consulting on a number of changes to these rights. The consultation proposes changes which will enable householders to build larger extensions and provide further freedoms to construct outbuildings.

To support the delivery of new homes, we are seeking views on whether the existing building upward rights can be amended to increase the scope of buildings that can benefit from the rights. We are consulting on changes to the demolition and rebuild right to increase the scope of buildings that can benefit from the right and allow for a larger rebuild footprint.

To provide further flexibility to households and businesses wishing to install electric vehicle charging outlets, we are consulting on a number of changes to the relevant rights. We are seeking feedback on whether permitted development rights should allow for units necessary for the operation of electric vehicle charge points such as equipment housing or storage cabinets.

We are also seeking feedback on amendments to the permitted development right for air source heat pumps, including consulting on removing the limitation that they must be at least 1 metre from the boundary of the property.’

On the last point heat pumps, what this means is that the government would look to end cumbersome planning rules that are frustrating consumers. Where they presently face long waiting periods for planning permission from their local council to be allowed to replace their old gas burning boiler with an new environmentally friendly heat pump. Conceivably the proposed changes to permitted development rights would enable homeowners to install a heat pump as easily as a installing a jacuzzi or new garden shed.

Commenting on this latest inniative to help speed up this big ESG win for the environment, Daniel Särefjord Group CCO Aira and CEO Aira UK stated,

‘Today, 95% of the UK’s gas boilers are still being replaced with the same polluting and highly inefficient systems at the end of their lifespan, despite the availability of more sustainable and cost-effective alternatives, such as heat pumps. Up to half of these gas boilers are being replaced without even leaving the consumer much of a choice as currently months of planning policy red tape must be overcome before a heat pump installation is permitted. Very few individuals and families can accept to live without heating and hot water for months on end to finally be able to ditch their dirty fossil-fuelled boiler.

The Government finally announced they are looking to change the rules on permitted development, which will play a critical role in removing those barriers and unlocking the true potential of clean energy technology for the UK, while making it easier for consumers to install a heat pump in their home. Contrary to misconceptions, residential heat pumps only consume a small amount of energy and are actually four times more efficient than a gas boiler. Sound levels tend to be another concern for UK consumers; however, technology has developed a lot in recent years and heat pumps now produce as little sound as a home refrigerator.

By making the switch to a heat pump quicker and simpler, the UK can reduce its total emissions by 16-17%, making it a critical component in taking Europe off gas. It is crucial to recognise the transformative potential of heat pump technology in lowering energy bills and emissions, and we need more policy changes like this without delay to bring us closer to reaching our nation’s legally binding net zero targets. It’s undeniable that the time for action is now.’

 

 

Andrew Stanton Executive Editor – moving property and proptech forward. PropTech-X

Andrew Stanton

CEO & Founder Proptech-PR. Proptech Real Estate Influencer, Executive Editor of Estate Agent Networking. Leading PR consultancy in Proptech & Real Estate.

You May Also Enjoy

how to present your property for sale
Breaking News

These are the property hotspots

These are the property hotspots bucking the SDLT deadline price slide Last week, the latest UK House Price Index from the Land Registry revealed a sharp 3.7% monthly drop in average UK house prices during April 2025, following the expiry of temporary stamp duty support at the end of March. Further analysis by eXp UK,…
Read More
Breaking News

Demand rebounds for Prime London property

Big ticket buyers returned to the capital in the spring months, the Prime London Demand Index from London lettings and estate agent Benham and Reeves has revealed. Between the first and second quarters there was a 1.8% uplift in ‘demand’ for homes between £2 and £10 million, which is calculated based on the proportion of…
Read More
Breaking News

Failing to refinance could see portfolio landlords hit with a £23,000 hike to mortgage costs

The latest research by specialist property finance expert, Rangewell, has revealed that buy-to-let portfolio investors who fail to take the appropriate action when it comes to refinancing could see their monthly mortgage costs climb by over £23,000, rather than a £8,500 reduction due to improvements to the mortgage landscape. Rangewell analysed the average amount owed through…
Read More
to let sign 2025
Breaking News

Section 21 Is Set to Go – What This Means for Landlords

By Allison Thompson, National Lettings Managing Director, Leaders The Renters’ Rights Bill is making its way through the House of Lords and, if passed in its current form, will bring major changes to how tenancies are ended. One of the most significant proposals is the abolition of Section 21, often referred to as the ‘no-fault…
Read More
Breaking News

Are falling mortgage rates fuelling a rise in buy-to-let investment?

By Sarah Thompson, Managing Director, Mortgage Scout The latest data from UK Finance shows that in the last quarter of 2024, the average buy-to-let (BTL) interest rate for new mortgage loans taken out was 5.09%, a drop of 0.61% on the previous year. And it seems that falling mortgage interest rates may well be having…
Read More
Breaking News

New survey reveals it now takes over 200 days to sell a home in the UK

The average number of days to sell your home in the UK now stands at 205 – the first time the 200-day mark has been broken. The longest time to sell is in inner London and the South-East at 222 days, closely followed by outer London at 221 days. The North-East is the best performing…
Read More