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EnergyMiller Homes welcomes ‘key’ report into new build home benefits

Miller Homes welcomes ‘key’ report into new build home benefits

Homebuilder believes the report will be key to debunking new build myths

North West home builder, Miller Homes has welcomed findings from a national report revealing that new build home buyers could save up to £2,600 a year in energy bills.

Miller Homes believes the ‘Watt a Save’ report recently published by the Home Builders Federation will be ‘key to tackling many misconceptions surrounding new build properties’.

The ‘Watt a Save’ report found that buyers of new build houses will save on average £2,600 in energy bills by using a lower average of 100 kWh of energy per m2 of house space compared to 259 kWh per m2 for an older property.

The findings also revealed that energy efficiency is now a key consideration for one in four buyers when purchasing a home and new build home buyers across the UK are collectively saving over £500 million per year in energy costs.

An analysis of Government data on the energy efficiency of new build and existing homes, highlighted that 84% of new build homes were rated with an EPC of B or above, while less than 4% of existing dwellings reached the same standard.

Not only are new homes built to the most up to date regulations, but housebuilders are demonstrating their commitment to go further, using new technologies and methods to ensure efficiency is embedded to the highest standard from the point of construction.

Stewart Baseley, executive chairman of the HBF, said: “The energy crisis is highlighting starkly the efficiency benefits and cost savings provided by new build homes.

“Energy efficiency is a growing priority for house hunters and the financial savings clearly demonstrate why. In the face of the cost-of-living crisis we now need lenders to take these savings into account so that consumers can benefit further through cheaper mortgages.”

An analysis of Government data on the energy efficiency of new build and existing homes, highlighted that 84% of new build homes were rated with an EPC of B or above, while less than 4% of existing dwellings reached the same standard.

Not only are new homes built to the most up to date regulations, but housebuilders are demonstrating their commitment to go further, using new technologies and methods to ensure efficiency is embedded to the highest standard from the point of construction.

National housebuilder Miller Homes is one of the most active housebuilders in the North West, with several developments currently underway from The Calders in Burnley to Varsity Quarter in Greater Manchester.

Ian Smith, Regional Managing Director at Miller Homes North West, said: “Over the past decade the company has brought to market many properties in the region using the most modern methods of construction and we believe the economic and environmental benefits of buying a newbuild – as outlined in this latest HBF report – will be key to addressing the region’s housing shortage and bringing more developments to market.

“Purchasing a new build property has many benefits, from providing you with a blank canvas to design your dream home, to significant reductions in costs and carbon emissions when compared to older properties.”

For more information on Miller Homes, visit: https://www.millerhomes.co.uk/

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