The £54 million Littlewoods Film and TV Studios project has landed one of the North West’s largest commercial deals of the year. Liverpool John Moores University (LJMU) has been confirmed as the education partner at the much-anticipated scheme, which is being developed by CAPITAL&CENTRIC with Liverpool City Council. The establishment
Birmingham-based, PRS-specialist developer Blackswan Property Limited has been acquired by Cordia International. The European residential real estate developer, with interests across Hungary, Poland, Spain, Germany and Romania is the residential development platform of Futureal Group. With more than 500 real estate professionals and 7 million sq.ft of properties under construction
OakNorth Bank – the UK bank powered by the OakNorth platform – has completed an additional £20m loan-on-loan facility to Hilltop Credit Partners, a West-End based specialist funding partner. Led by CEO Paul Oberschneider who has more than 25 years of experience in property development, asset management and financial structuring,
We’re all looking for innovative and easy ways to save money, especially in our homes. It’s often the little things that get overlooked, so we’ve outlined our top tips for keeping energy costs down without the hassle. Wash large washing loads at lower temperatures Doing one full load of washing
Marketing communications agency, Jam, has demonstrated its value and extraordinary thinking in driving its clients forward through the pandemic, with two clients placing additional investment and trust in the delivery of integrated marketing strategies. National PropTech company, MakeUrMove, has tasked Jam with positioning the firm as the leading provider of
The application to build a 31-storey tower at Liverpool’s Princes Dock, called Patagonia Place, has been submitted by Peel L&P and Your Housing Group (YHG). Designed by Falconer Chester Hall, with Arup providing planning consultation and Vermont in line to build, it would comprise 278 apartments. This would be made up
Schneider Electric, the leader in digital transformation of energy management and automation, has partnered with BHETA for National Home Improvement Month (NHIM) to encourage the UK to improve their homes this September. NHIM is the UK’s largest home improvement Awareness Campaign, aiming to inspire millions of homeowners and renters and encourage them to take up
House hunters Colin and Barbara Edwards have ended their five-year search for a perfect property after finding their home-sweet-home at Cavanna Homes’ Barley Meadow development in Dawlish. The couple had been renting in Newton Abbot, close to their dental equipment business, whilst scouring the surrounding area for a home to
A key milestone has now been reached in constructing the current extension to Import Services’ quayside warehouse, which is expanding alongside the container port. The first, above ground infrastructure of a steel frame section, was erected by Construction Partner, Midas. The full skeletal frame will take circa 6 weeks to
A pioneering smart renewable heating scheme in Oxford, part of the £41m Energy Superhub Oxford project, has been given the green light to proceed following lockdown disruption, providing a confidence boost for the construction and renewables industries as they rise to covid-19 operational challenges, and a positive step towards the UK defining
The £54 million Littlewoods Film and TV Studios project has landed one of the North West’s largest commercial deals of the year. Liverpool John Moores University (LJMU) has been confirmed as the education partner at the much-anticipated scheme, which is being developed by CAPITAL&CENTRIC with Liverpool City Council. The establishment will be co-located alongside Twickenham Studios and provide a direct link between academia and industry in what will be one of the most prominent facilities of its kind in the UK. “Our intention is to keep Liverpool ahead of the game, so the combination of training and talent pool are a key part of the recipe. Our renowned Screen School prepares professional film-makers, producers, digital artists, journalists and scriptwriters, and we will be working closely with our industry partners to ensure the talent pipeline supports this key sector in Liverpool’s economic future,” said vice-chancellor professor Ian Campbell. It has signed up to take more than 75,000 sq ft of space for an Entertainment Technology Centre, in conjunction with Hugh Baird College, focused on professional training for TV and film. LJMU will offer a full range of further and higher education courses, all designed to equip locals for a job in the region’s rapidly growing film and TV sector. “Getting an education partner on board has been what we’ve been waiting for and it will ensure that local people have the right skills to take advantage of the huge opportunities on offer. Clustering film and TV with education is something pretty unique and Littlewoods Studios will be the biggest facility of its kind in the UK,” added Adam Higgins, co-founder of CAPITAL&CENTRIC. A £17 million funding commitment from the Liverpool City Region Combined Authority’s Strategic Investment Fund was announced last month, with the project identified as a key component of the city region’s £8.8 billion Building Back Better recovery plan. “The university has a fantastic screen school and their involvement will add a unique educational element to the project. This partnership will provide invaluable career making experiences for students. It’s a great development, one which will further strengthen the city’s reputation in this key creative sector and develop a solid platform to support more productions and jobs in the future,” said Mayor Joe Anderson. The ten-acre Littlewoods Studios will be operational by 2023.
Birmingham-based, PRS-specialist developer Blackswan Property Limited has been acquired by Cordia International. The European residential real estate developer, with interests across Hungary, Poland, Spain, Germany and Romania is the residential development platform of Futureal Group. With more than 500 real estate professionals and 7 million sq.ft of properties under construction across 43 ongoing projects, Futureal Group is one of the leading real estate development and investment groups in Central and Eastern Europe. The Blackswan acquisition marks Cordia’s first investment in the UK market. This follows Cordia’s recent 93% acquisition of Warsaw Stock Exchange-listed, Polish residential developer Polnord S.A., and 20% stake in German residential rental and large-scale urban renewal project company Argo Properties NV, increasing Cordia’s development land bank to over 14,000 apartments. Cordia has recently issued a €135 million 7-year bond and a €105 million 10-year bond to fund its international expansion and foray into the private rental sector (PRS). UK’s Blackswan under the Cordia Blackswan brand will continue to be led by the current management team. The company will also be growing the team with a recruitment drive in the next few months to support the scale of their existing planned projects. The deal was brokered by Tony Haran, Midlands Head of Residential Investment and Build to Rent expert in CBRE’s residential team. He advised Cordia on their first UK residential acquisition, following an initial fact-finding trip to the city. Marcus Hawley, Managing Director and Founder of Blackswan said, “Blackswan’s vision has always been to create sustainable places that enable people to live happier, richer and more fulfilling lives. Being part of Cordia will allow us to fulfil that vision by delivering a £550 million pipeline of projects across the West Midlands. We are excited to join the Cordia family as they share our vision of creating new, well-designed places where people want to live, work, play and learn.” Tibor Földi, Chairman of the Board of Cordia, said: “Our goal is to become one of the leading and most diversified residential development groups in Europe. The acquisition and recapitalization of Blackswan is not only our debut in the UK, but the latest milestone of our international expansion strategy.” Gábor Futó, founder and majority owner of Futureal Group said: “The Blackswan team shares the same values Futureal Group was built on: integrity, creativity, perseverance and team spirit. We also share a common desire to build lasting value for the communities we are working in by creating great new buildings, vibrant public spaces, respecting and building on heritage and having the imagination and commitment to pursue transformational urban renewal projects.” Tony Haran said: “This is a huge vote of confidence in Birmingham’s residential sector and could facilitate the delivery of up to 2,500 new homes in the city by an experienced and well-financed developer. “Cordia has big ambitions for the UK and it is a testament to Birmingham’s place on the international investment stage that it has been chosen first, as the stepping stone for their plans.” Blackswan focuses on residential-led mixed-use developments in the West Midlands region. Projects currently include The Lampworks, a 124-home build-to-rent apartment scheme and The Gothic, an ambitious reanimation of listed and heritage buildings which will create a new residential and leisure destination. Both developments are located on the edge of Birmingham City Centre, in the Jewellery Quarter. Blackswan Property was founded by Marcus Hawley in 2009 in order to develop well-designed homes in places where real people want to live their lives with a sense of community. The company sale seeks to ensure that this vision can be brought to life by combining Blackswan’s local market knowledge and expertise with Cordia’s experience in the delivery of large-scale residential projects across Europe for more than 15 years. “2020 has clearly been a challenging year for everyone, but we are very happy to bring some positive news to the region with this deal, especially in terms of the number of homes we will now be able to build and the number of jobs we will create both in our team at Blackswan, on our construction sites and eventually in our commercial spaces,” said Marcus Hawley.
OakNorth Bank – the UK bank powered by the OakNorth platform – has completed an additional £20m loan-on-loan facility to Hilltop Credit Partners, a West-End based specialist funding partner. Led by CEO Paul Oberschneider who has more than 25 years of experience in property development, asset management and financial structuring, Hilltop Credit Partners is a specialist funding partner for small and mid-sized residential property developers and housebuilders across Britain. The newly increased £50m loan-on-loan facility will support Hilltop’s fast growing real estate development funding pipeline. Since its launch two years ago, Hilltop Credit Partners has been helping housing developers who know their local markets but need access to tailored financing solutions to fund their projects. Hilltop’s management team includes former developers and finance experts, and together they have successfully originated and managed value-add and opportunistic residential deals through challenging market cycles. The fund is backed by the global real estate investment firm Round Hill Capital. Mohith Sondhi, Senior Director, Debt Finance at OakNorth Bank, said: “Our deep knowledge of the property sector and the ability to provide an attractive financing package tailored to Hilltop’s requirements, helped us to distinguish ourselves throughout the competitive process. We look forward to building further on our partnership with Hilltop Credit Partners. Combined with Round Hill Capital’s commitment and expertise in this space, Hilltop understands what it’s like to be in the developer’s shoes and how important it is to react to the inevitable market changes that can occur during a project especially during these unprecedented times.” Tiger Craft, Partner and CIO at Hilltop Credit Partners said: “Demand from residential developers continues to be strong, and we are encouraged by the strength we have seen in the UK residential market over the past several months. We have a growing pipeline with great sponsors, while the structural imbalance between the demand for new housing and the availability of capital to fund it continues to grow. For SME developers, securing funding has been needlessly frustrating, time-consuming and expensive for far too long. At Hilltop, our entire process is focused on helping developers move quickly to acquire sites, build homes and sell them in a fast, cost-efficient manner. Paul Oberschneider, CEO at Hilltop Credit Partners, added: “We are delighted to have increased our facility with OakNorth Bank, which shows their confidence and commitment to our business. Like us, they have a demonstrable understanding of the needs of sophisticated investors, and with property comprising a significant portion of their own lending portfolio, they have a deep understanding of the underlying asset class. This sets OakNorth Bank apart from many of the other banks in the market.”
We’re all looking for innovative and easy ways to save money, especially in our homes. It’s often the little things that get overlooked, so we’ve outlined our top tips for keeping energy costs down without the hassle. Wash large washing loads at lower temperatures Doing one full load of washing per week, at a lower temperature, can save you money over the year. Small changes like this add up and even if you don’t notice an instant saving, you will in the long-run. Washing at a lower temperature is still an effective and an efficient way of cleaning your clothes. Limit shower time We know it can be hard to pull yourself out of that warm flow of water on a cold winter’s morning, but simply reducing the time spent in the shower can save energy. Try to limit showers to a ten minute slot; you could even set a timer so you don’t get carried away! To help make small changes, you can check whether you qualify for these free water saving products, including a four minute shower timer. Always turn lights off when you leave a room This is particularly important for larger families, especially with young children. Without realising it, you can find yourself with increasing energy bills because lights are being left on in rooms that aren’t being used. If you are someone who likes lights to be on when you return to an empty home, don’t leave them on all day. Instead, pick up an electric timer so you can schedule when you want the lights to turn on. This is ideal for security. Don’t be a drip A running tap wastes more than six litres of water a minute; consider turning it off while you brush your teeth. Save on your water bills further by simply turning your taps off properly. Dripping water can add up throughout the year, accumulating on your bill. Defrost your fridge and freezer Removing excess ice from inside your fridge and freezer allows the appliances work more efficiently. Ice takes up room in your fridge/freezer, making it less productive, thus increasing your energy bills. Quality fabrics Investing in a good pair of thermal curtains can assist in saving you money on your energy costs. The material further insulates your windows, keeping heat in and blocking out any cold air. Well Insulated If you are a home owner, evaluate your insulation situation and upgrade your standard double glazing in your home to the latest energy saving glass. You don’t need to replace the frames; just the glass. There are many other ways you can effectively insulate your house including: Loft / attic insulation Cavity wall insulation Insulating tanks, pipes and radiators Filling in gaps in floorboards Repair double glazing Broken double glazing panels can lose precious heat from your home. If you notice they have clouded up or look like they have moisture between the panels, it might be worth seeking professional advice on how to get this issue fixed before it becomes a major problem in the future. Don’t overfill the kettle We can all be guilty of filling the kettle to the brim, only to make one cup of tea for ourselves. Save energy by only using what you need. You can even purchase kettles that are specifically designed to boil for one brew, such as this Russell-Hobbs one, which boils a cup of water in 45 seconds! Switch off and save We often don’t realise that appliances such as televisions, stereos, and microwaves still use energy when left on standby. Simply unplug them when not in use to help keep energy costs down. Unplugging your phone / tablet chargers can also save energy too. Switch your energy provider Many people could save on average around £200 per year by switching their energy provider. Use websites such as: uSwitch Money Supermarket UK Power Compare the Market However, check with your current company on cancellation fees, as you don’t want to be hit with any unforeseen charges. Ditch the draughty doors A simple, but effective way of keeping heat in your home is to invest in draught excluders. These are relatively cheap, but are a great way to lessen those pesky draughts from gaps under doors. Turn your heating down by just a couple of degrees UK winters can often be harsh and temperatures can drop dramatically over night. This causes many of us to crank the thermostat up, pumping high levels of heat throughout our homes. However, a simple way of reducing your energy output is to turn the temperature down by just a couple of degrees. You won’t feel a difference, but your pocket might. On average, turning it down by just one degree can cut heating bills by 10 percent. Cloudy2Clear
Marketing communications agency, Jam, has demonstrated its value and extraordinary thinking in driving its clients forward through the pandemic, with two clients placing additional investment and trust in the delivery of integrated marketing strategies. National PropTech company, MakeUrMove, has tasked Jam with positioning the firm as the leading provider of smart technology for landlords and tenants and increasing brand awareness through PR, and implementing marketing campaigns to increase web traffic and leads. Jam has enjoyed a partnership with MakeUrMove for over two and a half years, working collaboratively to deliver elements including a brand refresh, website design, digital content strategy and establishing a presence in the media through a hard-working press office. Specialist housing recruitment agency, Andersen James, has enlisted the support of Jam to deliver an integrated strategy on its road to post-coronavirus growth and support its ambitious scale up plans of tripling turnover and profit by 2023. Having worked with Andersen James since 2015, delivering ad hoc creative assets, including brochures, presentations and a website build, Jam has now been awarded an ongoing retainer and trusted to supply a long term strategy of increasing awareness of the firm and positioning them as industry leaders through B2B PR and digital content. Jaime Gee, Managing Director and co-founder of Jam, said: “With our long standing partnerships with MakeUrMove and Andersen James, we’re thrilled that our clients see the real value in the services we deliver. While many businesses have paused or scaled back marketing activity due to the current climate, our clients trust us in our ability to deliver an integrated approach to help drive their businesses forward and ensure a resilient future. Alexandra Morris, Managing Director of MakeUrMove, said: “It’s been a challenging time for the property industry, but the sector is already seeing a bounceback and so we believe that now is the right time for investing in a long term integrated marketing strategy with Jam. As a result of our established partnership with Jam, we are confident that Jam’s understanding of our sector, and proven experience of delivering fantastic and meaningful results will support us in our future growth journey and plans of becoming a household name in the industry.” Jam’s roster of clients includes Argos Pet Insurance, UAE based IRE Oil & Gas FZE, Koura, Survivors Manchester, Sync, The Furniture Recycling Group, and Printworks.
The application to build a 31-storey tower at Liverpool’s Princes Dock, called Patagonia Place, has been submitted by Peel L&P and Your Housing Group (YHG). Designed by Falconer Chester Hall, with Arup providing planning consultation and Vermont in line to build, it would comprise 278 apartments. This would be made up of 46 studios, 102 one-bedrooms, 102 two-bedrooms and 28 three-bedrooms. A ground floor commercial unit is also lined up, as are 22 car parking spaces and 90 cycle spaces. The proposals are set to go before Liverpool City Council’s planning committee on 8 September, with a report saying: “While the application is brought forward as a standalone rather than a reserved matters application under the Liverpool Waters outline permission, the development has been demonstrated to accord with the principles of the LW consent and subsequently approved Princes Dock Neighbourhood Masterplan. “The Council has already considered and approved an application of the same use class, tenure, and of a very similar height, scale and massing in 2018.” At the time the application was submitted, Darran Lawless, development director at Peel L&P’s Liverpool Waters, said: “This is another major milestone for Liverpool Waters and despite the challenging environment that the world is currently facing as a result of Covid19, we’re delighted to be able to submit the planning application for this new development. “Due to the current lockdown the application process itself has been a challenge but the response from Liverpool City Council has demonstrated an ability and commitment to continue to function and unlock investment opportunities in the city. “We are hopeful that should planning permission be secured work can start in the autumn, creating significant investment and jobs as well as much needed homes for the region.” Liverpool Waters is considered to be one of the biggest single regeneration projects in the history of the city. It will comprise 9,000 homes, 3.4 million sq ft of business space and 570,500 sq ft of hotel and conference facilities. It will also be the home to a cruise liner terminal and hotel, the Isle of Man ferry terminal and is the proposed location of Everton FC’s new stadium.
Schneider Electric, the leader in digital transformation of energy management and automation, has partnered with BHETA for National Home Improvement Month (NHIM) to encourage the UK to improve their homes this September. NHIM is the UK’s largest home improvement Awareness Campaign, aiming to inspire millions of homeowners and renters and encourage them to take up a home improvement project. In 2019, over 17 million adults across the UK made changes to their homes, with 2020 expected to encourage even more. Today, only 28% of people carry out home improvements more than once a year with one of the main reasons being lack of skills and knowledge. When it comes to tasks, 52% of Brits do not feel comfortable applying wallpaper and almost half (48%) are unsure of how to put a shelf up. As part of the partnership, Schneider Electric will be offering advice and tips to homeowners on getting started, adding value, going green and smart home technology. It will allow homeowners and renters to learn more about how to improve their homes and will connect consumers with skilled tradespeople to ensure installations are properly managed. Simple changes to homes will create considerable benefits. This can include running a small project, going green or even turning your home into a smart home. To help with projects, Schneider Electric is offering a 10% code this NHIM on their products when purchased through CEF to help facilitate improvements. Nico van der Merwe, VP of Home & Distribution at Schneider Electric, said, “Home improvers are now striving for more connected homes. Whether they prefer home personalisation with smart heating or embracing modern styles with different switches, we have a wide range of wiring devices and accessories that can inspire creativity and meet the latest safety requirements. By adding new devices and accessories, homeowners will be able to make their homes safer, smarter and more stylish this September.” The British Home Enhancement Trade Association’s (BHETA) Chief Operating Officer, Will Jones, commented: “We are delighted Schneider Electric is helping to drive the National Home Improvement Month and create consumer awareness campaign for next month. They will play a crucial role in supporting the activity of the retailers, such as Homebase and Wilko’s, and other BHETA members collaborating and sponsoring this industry initiative. Their mission is to motivate, encourage and enthuse consumers that home improvement is rewarding emotionally, psychologically and financially with the right advice, information and products.”
House hunters Colin and Barbara Edwards have ended their five-year search for a perfect property after finding their home-sweet-home at Cavanna Homes’ Barley Meadow development in Dawlish. The couple had been renting in Newton Abbot, close to their dental equipment business, whilst scouring the surrounding area for a home to call their own. Having viewed and ruled-out a number of different homes, they finally spotted their dream home in the window of a local estate agent. Colin recalls; “When we saw the designs for the Rippon promoted in the estate agent’s window, I was slightly sceptical at first because it hadn’t yet been built and we couldn’t actually view the home, but Barbara was really keen to go and have a look. “We were able to view another Rippon–style property and when we spoke to the Sales Advisor, we discovered that the plot we were interested in was nicely tucked away, backing onto a private lane with a hedgerow, so we’d have plenty of privacy.” Colin and Barbara reserved their new home off-plan and managed to move-in in April, despite the Covid-19 lockdown. “Our moving day was quite different to what we had planned, but despite the government’s lockdown restrictions, we were able to hire a large van and moved ourselves into our new home at Barley Meadow in April”, explained Colin. “We didn’t have an official handover, but we met with the Sales Advisor, Sarah, who handed us the keys to our new home on the kerbside and had turned on all the lights for us in advance to make us feel welcome. “We’ve never lived in a new build home before and we’re really loving it here! We have everything we need and from the front window we have stunning view over the fields – which is an added bonus. We got really lucky with this home! “There aren’t many homes at Barley Meadow, so it’s a lovely, quiet area and everyone has been really friendly. We’re just waiting for everyone else to move in now. “The location is ideal too. A lot of our family live in Dawlish so we’re closer to them, which was one of the main reasons for moving here. We’re only 10 minutes from the beach and there are nice walks close by as well as scenic cycle routes – so we’re very spoilt for choice. “Our commute to work is just 10-minutes and I’m often on the road travelling to clients, so it’s ideally placed for Torbay, Exeter and beyond. It ticks all the boxes!”, added Colin. Sales Advisor Sarah Bowden, said: “It’s fantastic that Colin and Barbara were able to move home during lockdown and are now all settled into their new home at Barley Meadow and enjoying all that this stunning location has to offer. Colin and Barbara are a great addition to our new community here in Dawlish! “We have a brilliant selection of coastal homes at Barley Meadow. If anyone is interested in moving to Dawlish, please get in touch, and don’t forget about significant Stamp Duty savings and using Help to Buy if you’re looking to upgrade to a new home”.
A key milestone has now been reached in constructing the current extension to Import Services’ quayside warehouse, which is expanding alongside the container port. The first, above ground infrastructure of a steel frame section, was erected by Construction Partner, Midas. The full skeletal frame will take circa 6 weeks to complete. Mike Thomas, Import Services Client Services Director commented, “This is a significant step in the expansion of our Southampton Container Port development. Hearty thanks to our construction partners and their great groundwork teams who have continued working on the build right through COVID-19. We are all so excited by this purpose-built quayside facility which epitomises our port-centric model and we therefore look forward to operations coming-on stream for our Clients in April next year.” The new £23M extension, will be joined to the existing quayside warehouse operation, adding 200,000sqft and doubling bonded storage capacity to 60,000 pallets at Southampton container port. The warehouse has been designed to BREEAM ‘excellent’ sustainability standard, in close collaboration with port owner ABP and once complete will also feature a further £2.5 million roof mounted solar array investment from ABP. This solar panel installation on its own, will more than double the existing solar power generated on the port, a positive, green contribution in the drive to cut time, cost and carbon from international supply chains.
A pioneering smart renewable heating scheme in Oxford, part of the £41m Energy Superhub Oxford project, has been given the green light to proceed following lockdown disruption, providing a confidence boost for the construction and renewables industries as they rise to covid-19 operational challenges, and a positive step towards the UK defining how it will meet its 2050 net zero target. The recommencement of the scheme with leading housing provider, Stonewater, and Kensa Contracting, will contribute to the Energy Superhub Oxford (ESO) project’s anticipated savings of 10,000 tonnes of carbon dioxide emissions a year by 2021; the equivalent of taking 2,000 cars off the road. The 60-homes in Blackbird Leys will demonstrate how decarbonisation of heating using ground source heat pumps can interact with local energy systems to allow millions of homes to cut carbon and costs, and adopt a ‘smart cities’ model. The trial represents 20% of homes committed to receiving smart heating with Kensa ground source heat pumps as part of ESO, a world-first project backed by UKRI which is pioneering a model for the rapid decarbonisation of power, transport and heat in cities across the UK and globally. ESO showcases rapid electric vehicle charging, hybrid battery energy storage systems, low carbon heating, and smart energy management to improve air quality and accelerate Oxford’s journey to zero carbon. Councillor Tom Hayes, Deputy Leader and Cabinet Member for Green Transport and Zero Carbon Oxford, Oxford City Council, visited the smart heat pump project as works resumed: “I am delighted that Blackbird Leys residents are first in line to benefit from a heat pumps system that saves them money and shrinks the city’s carbon footprint. Oxford’s Citizens’ Assembly on Climate Change was clear that greener homes would be better homes, cheaper to heat. It was brilliant to visit the site of the new heat pumps, talk with the people making this aspect of Energy Superhub Oxford happen, and see at a social distance the positive impacts for local people. This year we have taken exciting steps forwards as part of the Energy Superhub Oxford project with the installation of electric vehicle chargers, electrification of the City Council’s fleet, and delivery of the electricity transformer to the National Grid substation in Cowley.” The residents at Blackbird Leys will have their night storage heating system replaced with a Kensa Shoebox ground source heat pump system coupled with Switchee heating controls, which will constantly sense, learn and respond to the inhabitant’s behaviour. Adding a further smart technology dimension to the running of the heat pump, Kensa’s heat optimisation software will take a day-ahead forecast of half hourly electricity costs, and automatically shift the operating times to enable the occupants to make savings from dynamic tariffs without having to change their behaviour. The smart heating system at Blackbird Leys is expected to save residents 3,520 tonnes of CO2 over their lifetime and cut their current night storage heating bills to levels lower than that of mains gas, all without adding strain to the UK’s electricity grid; a triple-challenge the renewables industry must overcome to ensure low carbon ground source heat pump technology is more widely adopted by society.