East Midlands-based home builder, Fairgrove, is committed to helping its customers tackle the cost-of-living crisis by making its new homes both affordable and cost effective.
As energy prices continue to rise, the cost-of-living crisis has significantly impacted home buyers' considerations when looking to move house. Energy ratings, usage and annual running costs are more important than ever when on the hunt for a new home.
According to the Home Builders Federation (HBF), one in four buyers are now putting energy efficiency as a key consideration when purchasing a house. Lenders are also being encouraged to support buyers to make environmental and economic choices.
New build homes have been a more energy efficient option over second hand homes due to the leaps and bounds of technology and materials in the last ten years such as new appliances, better insulation, underfloor heating, and modern building materials. Sustainability standards are also a bigger priority.
Fairgrove, based at Bridge House in Kimberley, Nottingham, is currently operating at three sites across Nottinghamshire and Derbyshire.
Fairgrove's developments include The Brewery Yard and Nine Corners in Kimberley, as well as Swanwick Fields, near Alfreton. The family-run firm are keen to consider and support their new home buyers in their efforts to reduce energy costs by investing in energy efficient technologies.
Over the coming months, with the implementation of new technologies, Fairgrove are expecting even better energy efficiency than current. B83 is their average score, and with further investment, time, and development, the home builder plan on making homes as cost and energy efficient as they can.
Steve Midgley, Fairgrove's Managing Director, said: "We understand the importance of being ahead of the governments timetable for energy efficiency in new homes, which begins later this year and goes even further by 2025. Ensuring that the savings can be made in energy costs within our new homes are in line with other housebuilders on the market, and even better than some is something we’re keen to focus on.
"EPCs are now mandatory for domestic buildings and this provides new homeowners with an indicator on how energy efficient their property is and how they can save on costs. We think this is vital in ensuring that new homes like ours at Fairgrove, are cost efficient, green, and best suited to our purchasers."
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