New plan to ban gas boilers could make your home UNSALEABLE – ‘buyers hate heat pumps’ | Personal finance | Finance

It is a poor reward for following government advice in replacing gas boilers that run on fossil fuels.

Installing an electric heat pump can cost up to £22,000 as it can mean destroying the existing central heating system, as we reported last week.

This is not the only cost owners will incur, as buyers are likely to avoid their property as a result.

They prefer to stick with tried and trusted gas boilers, said Jonathan Rolande, manager and real estate expert at House Buy Fast.

Installing a heat pump could complicate the sale of your home. “Property buyers don’t like these relatively untested new systems and, in my experience, won’t pay more for a property with them installed. »

He added: “In some cases, buyers will be completely discouraged. »

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