Managing Agents

 

If you’re a managing agent of a property or a set of properties, we’d love to talk to you about how the Green Deal can support your improvements to your portfolio and bring your properties in line with the latest regulations. Some things to consider:

  • With a Green Deal plan, a landlord/homeowner can add value to their property. The products installed will make the property more attractive for tenants to live in and may increase the value of the property itself
  • Under a Green Deal Plan there is a minimal financial outlay for the improver. The tenants will repay the Green Deal Loan through their electricity bills. Tenants benefit from a warmer, more efficient, home and are given protection against rising energy costs through the efficiency of the products installed
  • Under the “Golden Rule” the cost to repay the loan should be covered by the energy savings following the installation. This means that if the tenants are typical energy users, their electricity bill is estimated not to increase. See more details on how the Golden Rule works here
  • From the 1st April 2018, there will be a legislative requirement for any properties rented out in the private rented sector to have a minimum energy performance rating of E on an Energy Performance Certificate (EPC)
  • A civil penalty of up to £4,000 will be imposed for breaches

If you have a specific question, email us at [email protected]