Elizabeth Colman
Attend an evening with Andre Agassi
When 130 architects, engineers and developers gathered in a room in London this week, one man stood out among them.
The event, at the Royal Institute of British Architects, marked the launch of a Government-sponsored report on sustainable housebuilding.
The figure was Phil Hodkinson, group finance director at HBOS.
The housebuilding heavy-weight, which is on the verge of taking its investment in the industry to £4 billion, chose the moment to throw his support behind “greener” property development.
Mr Hodkinson’s presence has given heart to the industry that the intrusion by private equity will not mean that environmental innovations will be wound back.
He told the gathering: “HBOS has a very keen interest in the sustainability of UK housing. Our customers do, too, and this report shows that very clearly. The key finding here is that consumers want access to clear information on the envi-ronmental standards of homes they are buying.
“This will help to make it easier for homebuyers to make an informed choice when buying a property.”
One industry figure who attended said: “I was delighted to see him there and encouraged by what he had to say.”
The findings of the report, commissioned by the Sponge Network for Sustainability and conducted by Ipso Mori opinion pollers, are significant. Based on a survey of about 500 homeowners, it found that 80 per cent believed that sustainable housing could combat climate change.
The study called for a reduction in council tax as an incentive for owners to modify their homes.
A majority of those surveyed said that they would be prepared to pay at least £28 a month for modifications to make their homes more envi-ronmentally friendly and some would be willing to pay up to £200 per month.
Such modifications could include more convenient recycling and car pooling arrangements and an on-site “green” caretaker.
Crest Nicholson, the residential property developer, is at pains to point out that it has been applying sustainable initiatives to its developments since 2002.
It is currently in the race to find more renewable sources of energy to power homes, including the development of hydrogen cells.
Debbie Aplin, the managing director of Crest Nicholson regeneration, said: “We’re encouraged that it is on people’s agendas and that they are willing to look at financial incentives — and possibly paying more, although I do think we have to be very careful in terms of ensuring that these homes still have affordability.’’
Crest Nicholson is due to announce a trial in which a “sustainability officer” will remain on site at one of its developments in Bath to give advice on measures in the home.
Ms Aplin said: “We like to think we’re ahead in embracing the code by looking at carbon-neutral housing . . . there will be a lot more research done, but developers are stepping up to the mark,”
The Sponge survey revealed that 70 per cent of homeowners claimed to know little or nothing about sustainable homes. Roughly the same number of people wanted the Government to provide information.
Yvette Cooper, Minister for Housing and Planning, agreed that “more and more people want to see action in their own home to tackle climate change”.
She added: “A quarter of all our carbon emissions are from our homes. That is why homebuyers should be entitled to proper energy efficiency ratings on existing homes as well.”
Industry sectors news at a glance. Interactive heatmap, video and podcast
Everything the Business Traveller needs to know to make a better trip
Get ready for the winter sports season, with our resort guides and snow reports
We are backing British business, what is the confidence of the nation and what businesses are succeeding?
Growing demand for energy, oil that is harder to reach and the rise of carbon dioxide emissions. We examine the energy challenge
With rail travel in Europe on the rise, we review the benefits of travelling by train
In this special section we explore new food trends to help improve your dinner party and impress guests
Enjoy further reading from Travel to Fashion, Business to Sport, discover more
Shortcuts to help you find sections and articles
1998
£47,955
12 months for the price of 11 and a 5% discount.
Offer ends 31/11/09
Check your free Experian credit report before applying
Car Insurance
to £60K + bonus (OTE £90k)
Lord Search & Selection
Location Flexible
PwC’s Consulting practice helps businesses of all shapes
and sizes work smarter and grow faster.
£85k
CPA
Highly Competitve
Specsavers
Whiteley, near Southampton
Moments from Battersea Park.
For sale with Winkworth
Find out about shared ownership.
See your free Experian credit report beforehand
7nts - Penang £499; Borneo £699; All Inclusive £799 including flights, taxes, accommodation and private transfers
For your ultimate tailor-made ski holiday, click here
Get covered on your travels with a superb range of policies at great prices. Visit InsureandGo.com
World Class Golf, Spa and preferential Beach Club. Private estate overlooking West Coast
Villas from £275 per night inclusive of Golf
Contact our advertising team for advertising and sponsorship in Times Online, The Times and The Sunday Times, or place your advertisement.
Times Online Services: Dating | Jobs | Property Search | Used Cars | Holidays | Births, Marriages, Deaths | Subscriptions | E-paper
News International associated websites: Globrix Property Search | Milkround
Copyright 2009 Times Newspapers Ltd.
This service is provided on Times Newspapers' standard Terms and Conditions. Please read our Privacy Policy.To inquire about a licence to reproduce material from Times Online, The Times or The Sunday Times, click here.This website is published by a member of the News International Group. News International Limited, 1 Virginia St, London E98 1XY, is the holding company for the News International group and is registered in England No 81701. VAT number GB 243 8054 69.