Boost your property’s eco appeal.
September 24, 2018
In April this year, a new legislation – the Minimum Energy Efficiency Standards (MEES) - came into force requiring every residential rental property to have an EPC rating of at least E. The changes were said to have impacted about 30,000 rental properties immediately.
The new regulations state landlords owning properties with an EPC rating of F or G cannot legally take on a new tenancy or renew an existing tenancy unless they have registered an exemption. The rules will apply to a new, old and existing by April 2020
The new legislation has seen priorities change and evolve in the world of lettings, many landlords and lettings agents alike are considering the impact of a property’s environmental impact amongst other selling points that may appeal to the masses.
We’re becoming more environmentally aware than ever before, and having a greener approach when letting your property could actually boost your profits and seal the deal with tenants. A more eco friendly approach will not only help save on fuel costs, but can also provide greater convenience and a unique selling point.
Here we have compiled a list of the top minor changes you can make to your property for maximum efficiency. Good insulation: The oldest trick in the book, but for good reason. Lofts and cavity wall insulation will make a huge difference in winter months, and can save tenants a fortune on heating bills. Eco-light bulbs: Perhaps one of the cheapest and easiest switches (pardon the pun), making the change to LED lightbulbs is a real no brainer. Standard, low energy light bulbs last the same length as 21 fluorescent bulbs and produce a brighter light using less power whilst doing so!
Low flush toilets: The average toilet flush uses up to 12 litres of water. Installing a low-flush toilet could save up to 60% of water per use. This type of upgrade is nothing new, but may be appealing to potential eco conscious tenants
New EPC assessment: Your EPC is the official document proving the impact of the changes you have made. An EPC lasts 10 years, so you may not need to refresh yours legally, but don’t let an old rating mask your hard work.
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