Grants for UK Landlords

Grants for UK Landlords

6:51 AM, 6th September 2024, About 2 months ago 4

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UK landlords are facing increased challenges in maintaining the profitability and compliance of their rental properties. Securing grants for property improvements is crucial in this environment.

In 2024, there are numerous grant opportunities available to help landlords enhance their properties, boost their value, meet energy efficiency targets and improve their properties for disabled tenants.

For general discussions or questions, please use the comments section below.  We are interested to learn more from our Members who have already benefitted from Grants, e.g. types of Grants, what they were for, providers and a review of positive outcomes and challenges overcome. If you have had a good experience with a business working with Grants please bring this article to their attention.

At Property118, our mission is to “facilitate the sharing of best practice within the UK private rented sector.” One of our latest initiatives is to connect landlords with businesses offering grant-funded services. By utilising these grants, landlords can improve their properties and ensure their rental businesses remain viable. If your business specialises in grant-based services, we want to connect with you!

Property118 is an official Google News Publisher with a Page Rank of 5 and excellent Semrush statistics, ensuring significant visibility for featured businesses.

Connect with Landlords and Showcase Your Services

We are launching an initiative to highlight businesses that specialise in grant-funded property improvements. By participating, your business can be featured in our case studies and gain valuable exposure to landlords actively seeking these services. The Property118 website serves around 3 million impressions a month to your target audience.

To get involved, please complete the form at the bottom of this page to share your business details and grant-based services. This is an excellent opportunity to connect with landlords and showcase your expertise. For general discussions or questions, please use the comments section below.

Non-EPC-Related Grants

  • Historic England Grants: Funding for the conservation and repair of historic properties.
  • Building Safety Fund: Supports addressing safety issues in high-rise buildings.
  • Rural Development Programme for England (RDPE): Grants for improving rural properties.
  • The Empty Homes Community Grants Programme: Funding to bring vacant properties back into use.
  • Social Landlord Grants: Support for enhancing social housing.

Disabled Facilities Grant (DFG): This is a government grant that helps with the cost of adapting a home for someone with a disability. The grant can be used for various modifications, such as installing ramps, widening doors, or adapting bathrooms.

Energy Related Grants Available to UK Landlords in 2024

Energy Company Obligation (ECO)

  • Purpose: Funding for energy efficiency improvements, including insulation and heating system upgrades.
  • Eligibility: Properties in areas of high fuel poverty or tenants meeting specific criteria.
  • Benefits: Significant improvements that enhance energy performance and help achieve an EPC rating of C or higher.

Boiler Upgrade Scheme (BUS)

  • Purpose: Financial support for replacing outdated fossil fuel heating systems with sustainable options like heat pumps or biomass boilers.
  • Eligibility: Available for installations in England and Wales from 1 April 2022 onwards.
  • Benefits: Up to £7,500 towards new heating systems, contributing to better EPC ratings.

Great British Insulation Scheme (GBIS)

  • Purpose: Upgrading insulation in the least energy-efficient homes across the UK.
  • Eligibility: Open to landlords and tenants.
  • Benefits: Enhances EPC ratings and reduces long-term energy costs.

Affordable Warmth Scheme

  • Purpose: Provides support for energy efficiency measures to lower heating costs.
  • Eligibility: Available to private tenants with low incomes; landlords must cover 50% of the costs.
  • Benefits: Financial assistance for upgrades that improve energy efficiency.

Local Authority Eligibility Flexibility (LA Flex)

  • Purpose: Offers flexible support for households needing energy efficiency improvements.
  • Eligibility: Varies by local authority.
  • Benefits: Potential funding for upgrades to meet EPC standards.

Home Upgrade Grant (HUG 2)

  • Purpose: Funding for a range of energy efficiency measures in England.
  • Eligibility: Determined by local authority criteria.
  • Benefits: Helps landlords achieve better EPC ratings.

Warm Homes Programme

  • Purpose: Provides funding for energy efficiency and heating system improvements in Wales.
  • Eligibility: Varies by local authority.
  • Benefits: Supports necessary upgrades to improve EPC ratings.

Partner with Us for Success

Participating in our initiative offers your business valuable visibility and the chance to connect with landlords who are actively seeking grant-based services. This partnership not only benefits landlords but also provides a platform for your business to showcase its expertise.

Don’t miss this opportunity to be part of a solution that supports both landlords and tenants. Fill out the form below to get started.


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Comments

Mark Alexander - Founder of Property118

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13:05 PM, 6th September 2024, About 2 months ago

One of my tenants qualified for a Disabled Facilities Grant to install a new bathroom.

All I needed to do was agree to the work. It didn't cost me a penny.

She has been in the property for over 15 years and the bathroom was becoming tired anyway. My thought process was that if she left I would have to replace the bathroom at my expense to be able to sell or re-let the property, so I had nothing to lose by agreeing.

I checked and I would not be responsible for repaying the grant even if she died or moved out soon after the work was completed.

I also concluded that a home with a disabled bathroom might appeal to a niche market when I do need to sell or re-let the property, so the works not only save me money, they could also help add value to the property as well as helping my disabled tenant to be far more comfortable. She now sees this as her "forever home".

I am now looking into other grant based improvement opportunities for my other properties, for the same reasons, hence this article to share my findings with other landlords.

Ian Burton

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14:59 PM, 6th September 2024, About 2 months ago

Hi Mark
I've had a boiler fitted in one of mine, didn't cost me a penny not even a signature verbal was fine, but 5 years later had to replace the boiler (at my expense!) when it "wore out", it is my general experience there is a lot of built in "obsolescence" to lots of goods so economically I'd sooner have a boiler last 25 years some longer (admittedly not as energy efficient ) than have to buy 1 every 5 to 10 years ( after the free one).

Mark Alexander - Founder of Property118

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15:14 PM, 6th September 2024, About 2 months ago

Reply to the comment left by Ian Burton at 06/09/2024 - 14:59
Couldn't you get another free one after five years?

Ian Burton

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5:50 AM, 9th September 2024, About 2 months ago

Not on the scheme as the boiler is already A++ so wouldn't qualify for the grant, also as I am not the recipient I can't really argue about "it should last longer" approach, that's down to the tenant (who was sold the grant) and unless your tenants are better than mine they don't really care, it's the landlords problem when anything goes wrong (even if it isn't like broken windows, I pay even though they break them or more appropriately I certainly didn't break them so why should I pay?) I have never had a tenant offer to pay for any breakages.

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