|Two-thirds of Private Landlords Interested in UK’s Green Deal
According to a recent survey by the National Landlords Association (NLA), two-thirds of private property landlords are considering taking advantage of the Government’s Green Deal to improve the energy efficiency of their properties; good news for the Government as Parliament prepared for the next stage of the Green Deal.
The Green Deal, available from October 2012, will offer loans to landlords to make energy efficiency improvements, such as loft and wall insulation, which are then re-paid through a levy added to utility bills that are likely to be lower overall.
David Salusbury, Chairman at NLA, commented, “The Green Deal represents an excellent opportunity for landlords to improve the energy efficiency of their properties, helping tenants save on their bills and do their bit for the environment. The scheme guarantees tenants lower utility bills while providing them with warmer homes, and landlords will benefit from long term improvements to their properties.”
The main reasons for the interest in the Green Deal are to reduce energy consumption for tenants, to become more eco-friendly and to add value to the property.