Landlords should make homes energy efficient
by Sarah Ashcroft
Property owners who may be struggling to make ends meet in the current economic climate due to a limited number of prospective tenants may want to take steps to make their houses more energy efficient.
This is according to Andrew Leech, director of the National Home Improvement Council, who said installing high quality insulation in buildings is an effective way of saving money on monthly bills and is not expensive to carry out.
The industry expert went on to note from the point of view of the government's Green Deal it is "very important" that individuals are having the lagging fitted in their own homes, as this is where the "big savings" are likely to be.
He urged householders to have their loft insulated, as well as cavity walls, in order to reduce monthly outgoings - something that is likely to attract cash-strapped renters to particular properties as they try to reign in their spending.
Mr Leech's comments were made after lagging provider Kingspan announced its revenue had increased by three per cent during the first quarter of 2012.
Sales of insulated panels increased three per cent in the six-month period, while trading profit was up 25 per cent - reflecting a higher specification sales mix and penetration growth in developing markets.
Mr Leech also stated that the introduction of the Green Deal later this year could also help those people who are left particularly vulnerable during the colder months, such as those who are disabled or elderly.
He suggested individuals aged over 60 or incapacitated may be able to get work carried out for free from their local council.
"I think that other people should also look out for grants that are available for that sort of thing. It is always best to approach the local authority first to see which deals are available on insulation," the expert explained.
Landlords who want to encourage their tenants to be more energy efficient and reduce utility bills can use Lawpack's Energy Efficient Tenancy Agreement
. This tenancy agreement template includes clauses that encourage tenants to be green and conserve energy. It's solicitor approved and includes expert guidance notes.
Published on: August 22, 2012
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