Currently, all rental properties must have a minimum energy performance certificate (EPC) rating of E, although there is the potential for this to change to a D or even a C in the next few years. With that in mind, now could be the perfect time to upgrade the energy efficiency of your property, to futureproof yourself (and the property) against any potential regulation changes.
With primary upgrades such as solid wall insulation, as well as secondary upgrades such as new windows and doors available through the green homes grant scheme, there are options to suit every property.
With around 33% of heat lost through uninsulated solid walls, an external wall insulation system is a great way of reducing the carbon footprint of your property, and gives you a chance to update the exterior too. We’ve got colours and textures to suit everyone’s taste – we’ve even got brick finishes for the traditionalists among you.
What’s more, with all the work taking place outside, there’ll be no need for your tenants to vacate the property whilst the renovations are carried out. This means no loss of rental income for you, and less hassle for your tenants.
Once the renovations are complete you and your tenants will experience benefits such as a refreshed exterior, a more comfortable interior, and lower energy costs. This will make the property more attractive to potential renters, as well as increasing the value in the long run.