Construction News

25/09/2014

FMB Welcomes Labour's Announcement To Retrofit Homes

The Federation of Master Builders has welcomed Labour's announcement to provide interest free loans for energy efficiency work to one million households.

Brian Berry, Chief Executive of the FMB, said: "Our housing stock is amongst the oldest and least energy efficient in Europe and Labour recognises the urgent need to retrofit our existing homes. If we cannot tackle this problem, we will not halt the rise in fuel poverty and we will not meet our 80% carbon reduction targets by 2050.

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"The Green Deal, as it currently stands, has little financial appeal to most households, precisely because of the interest rates charged. The package of measures announced by Labour yesterday, including focusing ECO funding on low income homes and bringing the private rented sector up to scratch, are good first steps towards making energy efficiency a national infrastructure priority."

(CD/JP)

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