The Government support for energy efficiency has been reduced of late
This said, your local energy supplier along with the Government still have many great money and energy saving deals available to the majority of households.
If you are a landlord, making your buy-to-let more energy efficient is a very good way to keep your tenants happy and very importantly increase the overall value of your property. As all landlords will know, profitability is hard in the buy-to-let sector so making every opportunity count is vital.
Recently estate agents have been reporting in numbers that an energy efficient house is worth a great deal more on re-sale value than one that isn’t.
There is assistance available for the landlord and it is well worth researching just what you can claim as they say ”nothing ventured nothing gained”.
A home’s energy efficiency is measured from A to G depending on what improvements are needed. From 2018 all rented homes will need to have a minimum grade of E before any letting is allowed. Landlords could be fined or even banned from letting if they fail to comply.
This year has seen tenants given the right to ask their landlord for consent to carry out energy efficient improvements, with the landlord only able to refuse if the request is “unreasonable”.
Let’s be honest an energy efficient property is cheaper to run and reduces any carbon footprint so any improvement has to make sense.
As a landlord before you begin paying out for any greener measures check and see if any grants or cash incentives are available to assist you.
Need some help?
It is easy to find out if you qualify for a grant or even free installation select your requirement and just click the “see if I qualify” or “apply now”. This action could save you a great deal of money over the coming years.