Landlords should consider going green

by Sarah Ashcroft

Landlords can make cost savings and make their properties more appealing to tenants by taking steps to go green.

Carolyn Uphill of the National Landlords Association and judge of the NLA Property Women Awards 2012, said that tenants are becoming more savvy when it comes to saving energy, especially if it is them, rather than the landlord, footing the bill.

This means that it is something landlords ought to consider, among the other maintenance they do in between or during tenancies.

"The most cost-effective and inexpensive option is to fit loft and cavity wall insulation - this can have a dramatic effect on heating bills, for very little up-front cost," Ms Uphill said.

Loft and cavity wall insulation is so cheap because the government is offering discounts to the public to try and encourage people to go green.

However, beyond that there are other things that prospective tenants will look out for, including boilers and windows, so it is worthwhile updating these with energy efficient models.

Those offering furnished properties may also want to consider putting in efficient appliances, such as washing machines, fridges and cookers so that tenants can keep their energy costs down.

Landlords who really want to go green should consider options such as solar panels or rainwater harvesting.

"By taking these steps, landlords demonstrate that they are responsible and are looking out for their tenants. Tenants can also take comfort from the fact that they will have lower energy bills, which is less of a burden, and means that landlords are also more confident that the tenants can afford to pay rent," she explained.

Tenants are not just looking for energy efficient properties these days, they are also more savvy and want professional landlords who will look after them and their property.

Having an energy efficient home illustrates to tenants that you are both which can be a major benefit for landlords.

Lawpack produces an Energy Efficient Tenancy Agreement, which includes clauses that encourage tenants to be energy efficient. It's solicitor approved and includes expert guidance notes.

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Published on: July 2, 2012

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