Landlords show green credentials as NLA encourages funding take-up
According to the National Landlords Association’s latest Landlord Panel*, landlords are proactively working to improve the energy efficiency of their properties.
Just over 50 per cent (51%) of landlords have made energy saving improvements to two of their rental properties and a further 12 per cent of landlords have made improvements to five or more of their properties.
Energy grants, including Warm Front**, the Carbon Emissions Reduction Target (CERT)*** and Community Energy Saving Programme (CESP)**** are available until 31st December 2012. In light of this time restraint, the National Landlords Association urges landlords to utilise this green funding whilst they can.
The current energy saving schemes will be replaced with new government initiatives; the Green Deal and ECO, which are due to launch in October 2012.
David Salusbury, Chairman of the National Landlords Association, says:
“The private-rented sector has a key role to play in ensuring Britain meets its energy targets and so it is important that we make use of the funding available. Furthermore, it is imperative that landlords future-proof their properties and their investments. If landlords don’t act now, they may find their property cannot be legally let come 2018 under the new legislation.
“With money left in the pot for the existing schemes, it’s important that landlords and tenants alike take advantage of the funding whilst it’s still available. It’s free for landlords and saves tenants money on their energy bills.”
Green landlord, Marion Money, says:
“I have made energy improvements to seven of my properties using Warm Front grants for central heating systems and insulation together with loft insulation and draught proofing measures using the CERT funding.
“I am quite passionate about energy efficiency – it benefits my tenants as they receive added value and cheaper energy bills. In fact, one of my elderly tenants was really delighted by the increased warmth and comfort provided by the central heating and insulation installation. And it’s not just my tenants who benefit – I am protecting my investment for the future. I would definitely advise other landlords to do the same.”
For further information or interviews with NLA Chairman David Salusbury or ‘Green landlord’ Marion Money, please contact:
PR Assistant, NLA
0207 820 7903
NOTES TO EDITORS:
* 546 online interviews with National Landlords Association members carried out between 7th and 19th June 2012.
The energy efficiency schemes currently available include:
Available in England only, Warm Front installs insulation and heating measures for people receiving certain disability or income-related benefits. The scheme is available for people who rent from a privet landlord or own their own home.
***Carbon Emissions Reduction Target (CERT)
The main energy suppliers (British Gas, E.ON, EDF Energy, RWE npower, Scottish Power and Scottish And Southern Energy) are providing free or low cost energy efficiency measures, most commonly loft and cavity wall insulation. All properties in Great Britain are potentially eligible for help under CERT, although the most vulnerable people (for example the elderly or people on low incomes) are given priority. Both homeowners and tenants can apply, although tenants must have their landlords’ approval for work to begin.
****Community Energy Saving Programme (CESP)
The main energy suppliers (British Gas, E.ON, EDF Energy, RWE npower, Scottish Power and Scottish And Southern Energy) are providing free or low cost energy efficiency measures, such as solid wall insulation, to homes in low income areas as part of CESP. Find out if your area is eligible by visiting http://www.decc.gov.uk/en/content/cms/funding/funding_ops/cesp/cesp.aspx
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.