Real Estate

UK reveals more details of its billion-dollar plan for greener homes

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Houses on Kelly Street in Kentish Town, London.

Yui Mok | PA Images | Getty Images

The U.K. government has released details of how tradespeople can get involved in its £2 billion ($2.60 billion) “green homes grant” initiative.

Announced in July, the scheme will enable landlords and homeowners in England to apply for vouchers to improve the energy efficiency of their homes.

In a speech at the time, the U.K.’s Finance Minister, Rishi Sunak, said the grants would cover at least two thirds of the cost of certain home improvements, up to £5,000 per household. Low-income households would see the vouchers cover the full cost of works up to £10,000, he added.

People will be able to use the…



Source cnbc.com

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