Green deal - the property perspective


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Diem Ltd presentation to LCBPC Greendeal Events Blackburn and Southport

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Green deal - the property perspective

  1. 1. David Inman BSc(Hons) MRICS CEnv AIEMA TechIOA Director/Chartered Environmental Surveyor Green Deal – The Property Perspective 2 February 2012 Regulated by RICS
  2. 2. <ul><li>David Inman BSc(Hons) MRICS CEnv AIEMA TechIOA </li></ul><ul><li>Professional Member of the RICS (MRICS) </li></ul><ul><li>Chartered Environmental Surveyor </li></ul><ul><li>Chartered Environmentalist </li></ul><ul><li>IEMA Lead EMS Auditor </li></ul><ul><li>Registered RICS Domestic Energy Assessor </li></ul><ul><li>Technician Member of the Institute of Acoustics (TechIOA) </li></ul><ul><li>RICS APC Doctor </li></ul><ul><li>Member of RICS UK Education Standards Board </li></ul><ul><li>Corresponding member of RICS Sustainability Task Force Europe </li></ul><ul><li>Member of Lancs Construction Best Practice Club Steering Group </li></ul>@DIEMLtd
  3. 3. DIEM Ltd giving clients across the UK the environmental advantage since Nov 2005 ISO 14001 implementation Environmental training Carbon Management Compliance auditing Waste strategy Sustainability strategy CSR Environmental project planning Property Construction Business Transport @DIEMLtd
  4. 4. Regulated by the Royal Institution of Chartered Surveyors Constructionline pre-qualified in the following categories • Environmental Audit • Environmental Consultants • Environmental Noise measurement • Property Agents • Property Management • Tenant rights & compensation claims Carbon Action Standard consultant @DIEMLtd
  5. 5. Green Deal - The property market for the deal 26 million existing properties in the UK 5 million are solid wall 3 million low rise flats 300,000 high rise flats 85% of existing buildings will still be here in 2050 Source RICS @DIEMLtd
  6. 6. <ul><li>Drivers for contractors & consumers </li></ul><ul><li>On satisfying the Golden Rule: </li></ul><ul><li>Possible improvement measures available are grouped in </li></ul><ul><li>HVAC </li></ul><ul><li>Building fabric </li></ul><ul><li>Lighting & water heating </li></ul><ul><li>Microgeneration </li></ul>@DIEMLtd
  7. 7. Drivers for landlords From April 2016 Landlords will not be able to refuse reasonable requests From April 2018 Unlawful to rent house or business premise which has less than an “E” energy efficiency rating. RICS estimate this will be the driver for 682,000 properties to be improved. @DIEMLtd
  8. 8. Consents needed for the Green Deal Statutory Consent to alter Consent to Green Deal finance @DIEMLtd
  9. 9. RICS’ perspective RICS is generally supportive of the Green Deal. … but have concerns about the Green Deal @DIEMLtd
  10. 10. RICS’ consultation response to DECC Concern about impartiality of GD assessors Urges robust qualification & accreditation for assessors Ideal opportunity to re-examine Property Log books Urges additional qualification for advice on heritage properties Questions 25 year PII for assessors @DIEMLtd
  11. 11. <ul><li>The general feeling is that it will be: </li></ul><ul><li>a slow take up </li></ul><ul><li>driven more by rising energy costs than anything else. </li></ul>@DIEMLtd
  12. 12. <ul><li>The future? </li></ul><ul><li>No crystal ball </li></ul><ul><li>Business planning and continuity </li></ul><ul><li>Premises not qualifying for Green Deal </li></ul><ul><li>Other finance options </li></ul><ul><li>A look ahead with RICS Valuation Information Paper on </li></ul><ul><li>Sustainability and Residential Property Valuation – Sept 11 ? </li></ul>@DIEMLtd
  13. 13. Regulated by RICS Thank you for listening [email_address] Twitter @DIEMLtd