Landlords keen to go Green
Two-thirds of private landlords would consider taking advantage of the Government’s Green Deal scheme to improve energy efficiency in their properties, according to a survey by the National Landlords Association (NLA).
The survey comes as Parliament prepares for the report stage of the Green Deal this week (taking place on Wednesday, 14th September.) It would likely be available to property owners from October 2012.
Under the deal, loans would be offered to landlords for making energy efficiency improvements to their let properties, such as loft and wall insulation. The loan would be repaid through a levy added to utility bills. Energy savings from improvements would result in lower energy bills overall.
The NLA survey found 24 per cent of landlords would definitely take advantage of the Green Deal, while a further 38 per cent would consider it. A further 21 per cent of landlords are unsure about the deal and 17 per cent say it has no appeal.
Landlords say the main reasons for considering the Green Deal would be to reduce energy consumption and bills for tenants, add value to the property and to become more eco friendly.
David Salusbury, NLA Chairman, commented:
“The Green Deal presents an excellent opportunity for landlords to improve the energy efficiency of their properties, helping tenants save on their bills and do their bit for the environment.
“The scheme guarantees tenants lower utility bills while providing them with warmer homes and landlords will benefit from long-term improvements to their properties.
“It’s pleasing to see that two-thirds of landlords are considering using the Green Deal to improve their properties when grants become available next year, but the actual cost of these improvements will be a key factor.”
To join the NLA and take advantage of the advice, benefits, support and services for landlords, visit www.landlords.org.uk.
For further information or case studies, please contact:
Dane Svenson, Press Officer, NLA
0207 840 8925
NOTES TO EDITORS:
*662 NLA members were surveyed. The survey was conducted by the NLA and BDRC Continental, the UK’s largest independent research agency, to evaluate landlord’s concerns during the second quarter of 2011.
The National Landlords Association (NLA) is the UK’s leading organisation for private-residential landlords. It has over 20,000 paid members, ranging from full-time landlords with large property portfolios to those with just a single letting. NLA membership helps landlords make a success of their lettings business by providing a wide range of information, advice and services. The NLA campaigns for the legitimate interests of landlords by seeking to influence decision-makers at all levels of government and by making landlords’ collective voice heard in the media. It seeks to raise standards in the private-rented sector while aiming to ensure that landlords are aware of their statutory rights and responsibilities. Based at its head office in Central London, the NLA currently employs over 40 full-time staff and has a network of more than 40 regional representatives and branches throughout the UK.