What is the top priority for tenants in 2016?

What is the top priority for tenants in 2016?

A new study, conducted by PropertyLetByUs.com, has found that as winter temperatures drop and rainfall remains higher than average in many parts of the UK, it's not just home owners that are concerned about the cost of keeping warm and dry.

According to the findings, cost-effective central heating is a must for a fifth of tenants.

Many tenants said they were concerned about keeping their homes warm and free of damp and condensation. Over 80% cited double glazing as the top priority for their next rental home in 2016.

UK homes are some of the most expensive to heat in Europe, mainly down to poor maintenance and insulation, according to figures from the EU. It is estimated that over 10m British families live in a home with a leaking roof, damp walls or rotting windows.  Damp, condensation and mould is a big problem in many rental properties as a result of older, single glazed homes.

Jane Morris, Managing Director of PropertyLetByUs.com comments: “It is estimated that around one million tenants are paying as much as £1,000 a year more for heating than the average annual bill of £1,265.  These excessive costs are mainly down to poorly insulated homes, many of which are thought to be the oldest and leakiest rental properties in Europe."


Jane continued: "Clearly, double-glazed properties are highly sought after by tenants and landlords that offer this will be in large demand.  However, landlords that are offering draughty, damp accommodation should not delay in improving their properties, as new legislation will see landlords banned from renting out England and Wales’ draughtiest homes from 2018, in a bid to cut energy bills and carbon emissions.

Landlords with properties rated F and G will be unable to let them out from 1 April 2018. The regulations also mean that from 1 April 2016, tenants living in F and G rated homes will be able to request improvements, such as more insulation. The landlord will then be legally bound to bring the property up to an E rating. As a matter of urgency, landlords that are currently renting out F and G rated properties should be reviewing the improvements that can be made together with researching costs and available help, through the Government’s Green Deal.”

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Latest Comments

MBM Homelets
MBM Homelets 23 Mar 2017

Although this is a very positive step, there is little or no guarantee of the standard of workmanship employed by the tenants. We have had experience of a professionally decorated property being ' painted'...

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ajay
ajay 21 Mar 2017

How is the "robust evidence" looking now?

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NathanG
NathanG 20 Mar 2017

I've been watching the series so far and am completely baffled by the cases that were presented. Though, I don't think that we can protect ourselves from every scam possible - it will just make the scammers...

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Landlady14
Landlady14 01 Mar 2017

You would think so Niraj Shah! My experience only proves that there are varying qualitiers of professional in all aspects of property letting. None of the ones I have dealt with, from letting agents to...

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Mark
Mark 01 Mar 2017

Thanks for this article. Hopefully one day everybody's lifestyle will be eco-sustainable.

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Ben Taylor
Ben Taylor 28 Feb 2017

I was convinced that London was the most expensive!

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Alan Read
Alan Read 28 Feb 2017

Australia are leading the way in this I think. The trouble with Britain is we don't get enough sun to make use of solar power.

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James Powell
James Powell 27 Feb 2017

This is a very good news.

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DanHumphreys
DanHumphreys 27 Feb 2017

It sounds like a good idea. Anything to help the younger generation get a foothold.

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Matt
Matt 20 Feb 2017

Is this fake news?

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Matthew Hollywood
Matthew Hollywood 07 Feb 2017

Matthew Hollywood - Director Mishon Mackay Land & New Homes - Brighton The shortage of New Homes is in part effected by the lack of land sales. Land sales are held back because there is a disparity between...

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CommercialTrust
CommercialTrust 30 Jan 2017

Hi Graham, Would be interesting to see the above figure calculated against an investment via a Lt Company /SPV structure and if the investor found themselves pushed in to the higher tax bracket. Mortgage...

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