Grant Funding To Improve Energy Efficiency Of Rental PropertiesMake Text Bigger
A contact of mine, who has been in the process of securing grant funding for property improvement works, has just secured a large funding “pot” to provide a number of possible works which will not cost you or your tenant a penny!
This is all part of the governments ECO scheme, which is designed to help those in fuel poverty through energy saving measures, but also with the need to get those EPC ratings up in the coming months, the work can be tailored to fit what the property needs.
As you are no doubt aware, all landlords have a pressing need to get the low EPC rated properties upgraded, and whilst there is grant funding available I suggest you take full advantage!
They can complete one or more of the following, depending on the property type, and all subject to survey.
- New Boilers / Heating Systems (A Rated)
- Insulation measures – Cavity, Loft, Internal wall and External wall
- Electric Storage Heaters
- Room in Roof Insulation – where there is an attic room or room in the attic space
The grant funding is “means tested” against the occupier, not the owner. It is designed to help those people on benefits, so if any of your tenants are claiming benefits then you can improve your properties, and help them save on their energy bills.
They are targeting non-gas properties, so anything heated by electric, like many flats and town centre properties are, or oil/LPG as in many rural towns and villages.
The average grant is anything from £3,000 to £12,000 depending on what can be done. They also allow a re-decorating budget where required.
The process is very simple, and they manage all of the funding, survey, installation etc
They can manage anything from single properties to large portfolios of properties. They can also check which of your tenants are on the right benefits for you so they can work out what qualifies without having to trouble your tenants too much.
Fill in the below information and one of the team will contact you to start the ball rolling.
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