The Association of Residential Lettings Agents has given a warm welcome to this week’s news that buy to let investors as well as owner occupiers will be entitled to £5,000 grants per household to improve energy efficiency.
The government says the measure will help the UK meet its target of net-zero greenhouse emissions by 2050, and could support no fewer than 100,000 jobs in manufacturing and fitting.
A statement from Propertymark says it has long called for the reintroduction of the Landlord’s Energy Saving Allowance, and last year – ahead of the General Election – the agents’ body called for help for the private rented sector with energy efficiency and combatting climate change.
ARLA Propertymark chief executive David Cox says: “Since the withdrawal of LESA we’ve been calling for a simple grant scheme to help private homeowners and landlords make their properties more energy efficient. This announcement is a big step forward to ensure that they can take the necessary steps to do this and ultimately create a greener property sector in the UK.”
Propertymark says it is engaging with the government officials to find out further details about how the scheme will operate.
This post has originally been featured in Letting Agent Today.