Construction News Future Homes Standard with Iain Butler
7 Nov 2023 • Business Tax • Innovation Incentives • Real Estate and Construction
Written by
Iain Butler recently featured in an interview with Construction News, discussing the changes to the Future Homes Standard. This will require all new build homes to have low-carbon heating and high energy efficiency, demanding innovation in the construction industry.
New standards need new ideas
From 2025, the Future Homes Standard will require new-build homes to have low-carbon heating and conform to demanding levels of energy efficiency. The goal of this mandate is to achieve a 75 - 80 percent reduction in carbon emissions compared to current Building Regulations. Local planning authorities are also expected to impose stricter environmental performance standards on new buildings. Additionally, reducing embodied carbon through material reuse is a growing concern.
In order to meet these requirements, developers and their supply chains must adopt innovative approaches, such as improving heating systems and using low-carbon technologies. However, innovation can be costly and time-consuming, involving research and development (R&D) with uncertain outcomes. The government is providing support for R&D work through tax credits, but companies must prove that the funds were genuinely spent on R&D.
Read the full insight
Published by Construction News here.
The article covers:
What the mandate will mean for new build homes come 2025
Growing concerns regarding embodied carbon and material reuse in construction
The demand for innovation among developers and supply chains
Government support through R&D tax credits
Traditional best practices vs required new demands
'R&D is something companies need to be thinking about, even if it's not right on their agenda at this moment.'
Want to receive similar insights straight to your inbox?
If you would like to receive the latest insights, events and guidance about the real estate sector directly to your inbox, sign up to our mailing list below.
