October 10, 2008
Landlords to provide energy saving certificates for properties
The current economic situation in the UK and the steep rises in gas and electricity bills has caused serious financial problems for millions of British homeowners. However, those people who are tenants are now finding that they are facing a heavy financial penalty for fluctuations in the energy market. The situation is now considered to be so serious that potential tenants are now seeking assurances from landlords that their rental properties are energy efficient.
Most savvy landlords have already capitalized on this new opportunity to attract new clientele by ensuring that their properties possess energy performance certificates. Additionally, The Landlord’s Energy Saving Allowance also allows property owners to recoup the money that they have spent on installing insulation.
Those landlords ,in England and Wales,who have previously sought to avoid obtaining energy performance certificates are in for a rude awakening as the government has passed laws to ensure that they must provide proof of these certificates when letting out their properties.