
Neil Jennings
Neil is the Operations Director at Assetgrove Lettings, London's Leading Rent Guarantee Company, providing Landlords with no voids, property maintenance, fee-free property management and stress-free service.
As of April, landlords cannot legally let to a new or renewal tenant a property that achieves less than ‘E’ as an EPC rating.
The Energy Act will cover new residential property leases from April 2018 and be extended to existing contracts in 2020. Additionally, landlords are not able to refuse a tenant’s request to make the property they live in easier and cheaper to keep warm.
These new rulings have affected many properties in the private rented sector and are good news for tenants, but they can deliver benefits to landlords as well. Making a rental property more energy efficient makes sound commercial sense. Not only will it be more desirable to tenants and reduce the risk of void periods, cutting a tenant’s energy bill reduces the chance of them not paying the rent.
And properties that are warm are less likely to develop faults such as damp, condensation and mould, which can cost a landlord both time and money.
With the new legislation now in force, it’s less important to consider other ways to make sure your tenants have a warm, comfortable property this winter, but there are still ways to keep winter fuel bills to a minimum.
And with outside temperatures dipping and likely to fall far lower before spring next makes an appearance, now is the time tenants should start seeking ways to reduce their heating bills. Here’s some handy advice…
10 ways tenants can reduce their winter fuel bills
Assetgrove is committed to helping landlords comply with the Energy Act. Our rent guarantee scheme not only offers landlords up to five years’ guaranteed rent, we will manage every single aspect of the tenancy during this period – with no monthly fees, commissions or hidden surprises to pay for.
Assetgrove’s maintenance packages free up your cash flow, allowing essential works to be done to your property with no upfront fees. We will fix, decorate or refurbish your property – at an agreed fee – and you can spread the cost with easy manageable repayments.
For more information about our guaranteed rent scheme, contact Assetgrove now.
Neil is the Operations Director at Assetgrove Lettings, London's Leading Rent Guarantee Company, providing Landlords with no voids, property maintenance, fee-free property management and stress-free service.