Landlords 'should start to consider retrofitting portfolio'
- Published on Thursday, 10 February 2011 11:06
- Posted by Scott Buckler
Landlords have been urged to start improving their properties with energy efficiency measures ahead of any government regulation forcing them to comply, the Association of Residential Letting Agents (ARLA) has saidUnder government targets, properties that have an Energy Performance Certificate (EPC) rating of F or G must be improved, the organisation noted, while landlords must also respond to tenant's requests for reasonable home energy improvements.
It stated that landlords will be able to benefit from the Green Deal when it is introduced, which would mean that they do not have to pay for the up-front cost of insulation or other retrofits.
"Landlords can already take advantage of a tax allowance of up to £1,500 for these energy efficiency improvements through the Landlord's Energy Saving Allowance," commented Ian Potter, operations manager of ARLA.
"It makes sense therefore for landlords to carry out these improvements straight away, as considerable cost savings can be made."
ARLA also stressed the importance of communicating with tenants and informing them of ways they can make their own efficiencies and reduce heating and electricity costs.