Driving Change in UK Housing: Innovations, Investments, and Government Commitments
Description
This bulletin provides an overview of recent developments in the UK property market, including investment trends and new initiatives. It discusses government schemes to improve home energy efficiency, such as Retrofit Nation which offers fully funded upgrades. Major investors like Aviva and MMG remain bullish on the rental sector despite regulatory concerns. The Labour Party aims to address the housing shortage by developing brownfield sites, releasing greenbelt land, and establishing new towns. They also plan initiatives in the private rental sector like abolishing no-fault evictions. Demand for London homes from wealthy Thai investors surged 20% in H1 2023 due to the strong pound and attractive rental yields. Innovative scanning vehicles are mapping UK buildings to assess energy efficiency and retrofit potential at scale. This comprehensive data aims to help design large retrofit projects to improve housing stock.
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