Tenants Are Turning Green
From tomorrow (1st April), all tenants will have the right to request energy saving changes to their rental home. Landlords will not be able to refuse without good reason.
Whilst landlords will have the final say as to whether changes go ahead, it is the responsibility of the tenants to find a way of funding these improvements.
Changes would be beneficial to both landlords and tenants, saving running costs and adding property appeal. They should not involve any cost to the landlord.
National Landlords Association (NLA) confirms that 35% tenants consider the energy efficiency of a property when deciding upon which one they will rent.
Richard Lambert, Chief Executive Officer at the NLA, told Property Reporter: “We encourage all landlords to think about how they may benefit from making energy efficiency improvements, as many can be made with little or no upfront cost, and can have a positive impact on the lives of tenants, their lettings businesses, and the environment in general.
“Lower fuel bills and more comfort mean that tenants may be inclined to stay for longer, thus reducing void periods.”
Jason Dyer of JTM Homes confirms the interest in energy-efficient rental properties. He said: ”We are increasingly asked about the energy methods and costs of our rental properties. Tenants are very much influenced by the green credentials of their potential homes.”
If you are a landlord or tenant and would like to know more, talk to the friendly team at JTM Homes. Our specialist lettings teams are located across our Highgate and Archway offices.