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Monday, February 25, 2013

Green Deal Warning To Landlords

The Telegraph warns that one in ten buy-to-let properties will be unlettable in 5 years time unless landlords improve the energy efficiency of their investment properties.

The legislation is part of the 'green deal' recently introduced by the government as a way to encourage landlords to make energy improvements within their properties.  As I have recently discussed many landlords remain unconvinced by the so called attractions of the 'green deal'.  The sting in the tail remains.  Those properties which have the two lowest energy ratings will not be able to let out their properties by 2018.

Again, this brings to the fore the unfairness being exercised by government against private landlords.  Will home owners be prevented from living in drafty old mansions?  I think not.  Will housing associations or councils come under the same controls?

To read the full article follow the link.

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