BUYING & SELLING
BUYING MORTGAGE HELP AND ADVICE
SELLING CONVEYANCING
Search for your next home
FLEET T: 01252 812121
FARNBOROUGH T: 01252 375999
ASH VALE T: 01252 353030
HARTLEY WINTNEY T: 01252 844015
HOOK T: 01256 764666
YATELEY T: 01252 597900
ALDERSHOT T: 01252 983730
CAMBERLEY T: 01276 743888
LAND – BUY | SELL | DEVELOP
NEW HOMES
Find your next home
LAND T: 01252 597765 | land@mackenziesmith.co.uk
HEAD OFFICE marketing@mackenziesmith.co.uk
94 Fleet Road, Fleet, Hampshire, GU51 4PB
LANDLORDS MORTGAGES
TENANTS TENANCY FEES (DOWNLOAD PDF)
FLEET T: 01252 514000
FARNBOROUGH T: 01252 551045
ALDERSHOT T: 01252 961844
lettings@mackenziesmith.co.uk
LETTINGS T: 01252 514000 | Email us...
LAND T: 01252 597765 | Email us...
ABOUT US
CAREERS AT MACKENZIE SMITH
SUBSCRIBE TO OUR NEWSLETTER
HOW TO COMPLAIN
FOLLOWus on social media
RegisterWith us
This decision, undoubtedly a relief for many landlords grappling with escalating costs and a scarcity of skilled tradespeople, offers only a temporary respite. Despite the current situation, the imperative for energy efficiency in rental properties remains pressing, driven by both economic and environmental factors.
While the proposed legislation may have been temporarily shelved, the trajectory toward energy efficiency remains steadfast. Regardless of political outcomes, the Minimum Energy Efficiency Standard (MEES) or its equivalent is likely to resurface. Moreover, the imperative for energy efficiency is magnified by escalating living costs and the intensifying climate crisis.
Research underscores the growing importance of eco-friendly properties among tenants and buyers alike. A recent survey revealed that a significant majority (70%) of respondents express a desire for more environmentally conscious housing options. Over half (56%) actively seek out properties with eco-friendly features, while two-thirds (66%) prioritise such properties for purchase or rental. This trend underscores a shifting consumer sentiment towards sustainability.
Despite the upfront costs, investing in energy-efficient upgrades can yield long-term benefits for landlords. Measures such as installing new boilers, insulation, solar panels, LED lighting, and heat pumps not only enhance property value but also contribute to a reduced carbon footprint. Forward-thinking landlords recognise that such investments align with future regulatory requirements while attracting environmentally conscious tenants.
However, navigating the array of energy-efficient options can be daunting. Organisations like the Energy Saving Trust offer valuable guidance on cost-effective solutions tailored to property size and type. From cavity wall insulation to smart meters, the optimal choice depends on various factors, including budget, technical specifications, and regulatory constraints.
The need for energy efficiency extends beyond regulatory compliance; it represents a financial opportunity for landlords. Research indicates a willingness among tenants to pay premiums for low-carbon properties, enabling landlords to recoup initial investments. Moreover, energy-efficient properties can command higher resale or rental prices, as evidenced by the growing trend of portfolio landlords prioritising properties with favourable EPC ratings.
Ultimately, the need for energy efficiency in rental properties goes beyond compliance; it represents a prudent investment strategy. Whether driven by financial gain, regulatory compliance, or environmental responsibility, enhancing energy efficiency offers tangible benefits for landlords and tenants alike. As the journey towards net-zero emissions accelerates, embracing energy efficiency is not just an option but a necessity for landlords navigating an evolving lettings landscape.
If you’re looking for up-to-date legislation advice as a landlord, our expert team would be happy to assist. Please contact the lettings team on 01252 514000, lettings@mackenziesmith.co.uk.
For more information on how we use your data, please refer to our privacy policy
Δ