Cold homes a no-no for tenants
When it comes to renting property, it appears that for tenants cold homes are most definitely a turn off.
According to a recent survey, seven in ten UK householders think that landlords should be banned from letting out properties with very low levels of energy efficiency. The poll was conducted by Ipsos – a MORI survey of a couple of thousand people. It discovered the demand is very strong among renters – with 78 percent in favour of making sure property owners are forbidden from letting out cold homes.
And this does make sense. The colder the home is, the higher the bills are. This is something every tenant considers when moving into a property. Apparently, 80 percent said that the cost of energy bills are a concerning factor, in comparison to 71 percent of homeowners. As well as this, just over half said they’ve experienced cold homes during winter. Research has demonstrated that damp, mould and draft problems are way more common in rented properties than owner-occupied homes.
Government proposals are now saying that landlords will not be permitted to rent out their properties from 2018 IF they are not rated at E or above on the official Energy Performance Certificate (EPC). This is 46 rating and most houses are capable of this and can often be refurbished to get into Band C. However, landlords won’t have to improve homes to meet standards if they can’t access grants to cover the full cost of upgrades however – or if they can’t get a contribution from tenants. The problem is that it’s unclear as to what grants will be available when regulations come in in four years’ time, so some landlords may have to contribute to the costs if they want to rent their homes out.
There are some 400,000 properties being rented out in the UK at F and G levels – which concerns officials as they are not meeting the standards they wish.
Other research found that only 11 percent of tenants felt that they trusted their landlords to improve energy efficiency upgrades – while some 68 percent of renters haven’t yet asked their landlord to improve efficiency in their property. Private renters were very enthusiastic about renewable energy alternatives – like solar panels – and three quarters said they were keen on renting a property with a renewable energy system, in comparison with one which doesn’t have one installed.
When it comes down to it, it’s very important to be across the latest regulation that is brought in for landlords looking to rent out their properties. This is where we come in! We offer a hassle-free rental guarantee service in order to ensure you don’t get caught out when the rules change – which they frequently do. Feel free to get in contact with us and contact us today if you’re looking to rent out your property and we’ll give you all the information you need.