21/01/2026
“Delivering the biggest public investment in home upgrades in British history” is being welcomed by the industry as the Government sets out its long-awaited Warm Homes Plan.
The plan commits £15 billion of public investment to upgrade up to five million homes, with a strong focus on affordability and an approach that aligns retrofit policy with long-term home upgrade and regeneration goals.
The funding breakdown is as follows:
• £5 billion for low-income schemes
• £2 billion for consumer loans
• £2.7 billion for the Boiler Upgrade Scheme
• £1.1 billion for Heat Networks
• £2.7 billion in innovative finance through the Warm Homes Fund to invest in home upgrades
• £1.5 billion for other Warm Homes Plan programmes and devolved administrations
If delivered effectively, the plan could help accelerate the housing and retrofit sector by unlocking private investment, scaling supply chains and skills development.
The key question now, for both industry and consumers, is not the ambition of the plan, but how it will be delivered properly in practice with clear delivery mechanisms, long-term certainty, and practical implementation on the ground.
More details to follow.
