The retrofit standard has been launched by RICS

RICS launches new energy efficiency retrofit standard

RICS has launched the residential retrofit standard.

The retrofit standard follows an eight-week consultation period and is a response to a demand for residential retrofit advice spurred on by high energy prices and UK government net-zero targets, says RICS.

The standard will provide a framework with which RICS members can advise their clients on retrofit options for homes across the UK.

Questions were included regarding the impact of energy efficient properties on market trends in the RICS Residential Property Monitor in January, whereby respondents who said they had seen greater interest from buyers in homes that are more energy efficient, had risen to 39% from 34% when first asked in June 2023.

Paul Bagust, head of property practice at RICS, commented: “As homeowners increasingly look to explore ways to retrofit their homes to improve energy performance, it is critical that advice is given by a highly qualified professional.

“It is clear, especially from the results of the extra questions added to our monthly residential survey, that there is a market need for a standard that facilitates quality, reliability and consistency, and the RICS retrofit standard does just that.

“This fully comprehensive standard will be rigorously upheld by RICS and has been designed to be used and understood by a broad range of professionals in the industry.

“We are asking for the recommendations in the standard to be implemented by the 31st October 2024”.

Leave a comment