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.’

 

If you have a view – please let us all know by emailing me at editor@estateagentnetworking.co.uk – 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. Want to contact me directly regarding one of my articles or maybe you'd like a chat about future articles? Email me via editor@stagingsite.estateagentnetworking.co.uk

You May Also Enjoy

Estate Agent Talk

Understanding House Value in the UK: A Simple Guide

Everyone talks approximately assets expenses, from the records headlines shouting about the contemporary marketplace traits for your friends debating whether or no longer now is the proper time to shop for or sell. It might possibly appear to be a jumble of numbers and possibilities, but at the heart of it, knowledge house cost isn’t…
Read More
Estate Agent Talk

What does latent defects insurance cover?

When a building is insured during the construction phase, coverage doesn’t necessarily end once the final brick has been laid. Failures and problems with design and workmanship can go unnoticed for several months or even years, leading to larger issues while someone occupies the building. Fixing such large structural defects can be extremely costly, so…
Read More
Breaking News

Breaking Property News – 24/04/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   Smart Spaces delivers the world’s first implementation of HID’s mobile credentials in Google Wallet at Workspace Mobile access control integration makes entry to The Light Bulb building effortless for customers London, April 23, 2024 – Smart Spaces announces today that it has partnered with trusted identity provider,…
Read More
Love or Hate Rightmove
Breaking News

An average rate of 6% for the first time since November – Rightmove’s weekly mortgage tracker

Headlines The average 5-year fixed mortgage rate is now 4.89%, up from 4.45% a year ago The average 2-year fixed mortgage rate is now 5.29%, up from 4.75% a year ago The average 85% LTV 5-year fixed mortgage rate is now 4.82%, up from 4.42% a year ago The average 60% LTV 5-year fixed mortgage rate is now 4.36%, up from 4.15% a year ago The average monthly mortgage payment on…
Read More
Property for sale
Estate Agent Talk

Understanding Property Valuation: A Simple Guide

Ever asked your self, “How a amazing deal is my house simply simply well worth?” Whether you’re thinking of promoting, thinking of searching for, or just simple curious, identifying a property’s rate can experience like navigating a maze without a map. Yet, do not agonize. This sincere guide will stroll you via the necessities of…
Read More
Love or Hate Rightmove
Breaking News

Aberdeen is cheapest city to be a first-time buyer

New analysis reveals that Aberdeen is the cheapest city to be a first-time buyer with an average asking price of £102,602: The average monthly mortgage payment for a first-time buyer in Aberdeen is £406 per month, assuming the buyer has a 20% deposit, and a mortgage term of 35 years Data from UK Finance shows…
Read More