Investing financially in your very own home will likely be the biggest purchase of your lifetime. You may well spend decades living there with your family if it ticks the boxes of your specific needs, but what could the ongoing effects of climate change mean for your home purchase or sale in the years to come?
New property owners are generally made well aware of the potential issues that can occur with the acquisition of a home, and the financial costs associated with repairs, broken down boilers and general upkeep are expected. That being said, exactly how many buyers are taking the time to consider the environmental impacts of owning a property in a high-risk area?
Over 4 in 5 (85%) Brits say they are concerned about climate change, with more than half (52%) admitting to being ‘very concerned’. Taking this into account, the way we build our houses is also becoming a major issue as we face uncertainty regarding the environment's future.
Here at Emoov, our researchers have looked into what climate change issues we can expect over the next century, the areas where housing is most at risk, and how searching for a home built from the right materials can help reduce the risk of damage caused by our ever-changing climate.