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Home > News > New Government Grants for London Properties

New Government Grants for London Properties

Tuesday, August 4, 2020

 

Rishi Sunak’s stamp duty “holiday” has been making the property headlines and has given London property a quick fired boost.

What people may have missed is that in his general statement regarding the stamp duty holiday, he also mentioned the “Green Grants Home Scheme”.  This hidden gem will allow existing property owners, landlords and tenants, to apply for grants for energy saving home improvements.  Installing insultation, new boilers and other approved energy saving upgrades can all be covered with Government grants from this coming September.

The Government has offered to provide vouchers to cover two thirds of these replacement and improvement costs.  These will be valid for one year from this coming September.

Homeowners and landlords may apply online where they will be directed to accredited local suppliers who will provide the necessary quotes.  Once the work is approved, a voucher for two thirds of the invoice will be issued by Government.

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