Renters want green upgrades from landlords amid rising costs

Renters want green upgrades from landlords amid rising costs

0:02 AM, 8th February 2024, About 3 weeks ago 4

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As rental costs continue to soar, most UK renters are urging their landlords to invest in green home improvements, according to a new report from NatWest.

The report, based on the Greener Homes Attitudes Tracker, shows that 75% of renters who anticipate a rise in their monthly payments in the next year want their landlords to improve the sustainability of their properties.

This could include installing better insulation, solar panels, or smart meters.

‘Cost and disruption continue to be major barriers’

NatWest’s head of mortgages, Lloyd Cochrane, said: “Cost and disruption continue to be major barriers for homeowners looking to make sustainable changes to their homes.

“We’ve also seen from latest data that renters are increasingly calling for landlords to address the energy efficiency of their properties.”

The report also reveals that rental properties are generally less energy efficient than owner-occupied homes, with lower rates of insulation for tanks, pipes, and walls.

This means that renters are paying more for their energy bills, which have increased significantly in the past year.

Growing demand for green features

The report also highlights the growing demand for green features among homebuyers, with one in five homeowners planning to make sustainable upgrades to their property in the next 12 months.

However, many homeowners are deterred by the high cost and inconvenience of such projects.

The findings also reveal that more than half of respondents feel that the Government is moving too slowly to support the shift to renewable sources of energy.

The most popular green lifestyle choices among households include using public transport and recycling clothing.

London leads the way in terms of plans for solar panels, while other regions lag behind.


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Comments

moneymanager

11:03 AM, 8th February 2024, About 3 weeks ago

It's easy to demand things when others will pay, that even includes things like solar panels which don't really cut lifetime emissions but geographically displace them and Smart (dumb) meters which carry enormous health implications from the EMFs they emit.

JB

15:06 PM, 8th February 2024, About 3 weeks ago

'As rental costs continue to soar, most UK renters are urging their landlords to invest in green home improvements'

I don't know which tenants they asked but I have never had a single tenant request this - certainly not 'most' of them

Paul Essex

15:09 PM, 8th February 2024, About 3 weeks ago

I am assuming they were not asked about the rent rise requirements which will dwarf their savings on the energy bills.

EPC Killjoy

19:45 PM, 10th February 2024, About 3 weeks ago

“London leads the way in terms of plans for solar panels,” I’d like to see the plans and their authentication. Dreams is another word when you think you can spend someone else’s money. Do the plans include solar thermal ?

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